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Indiabulls Real Estate reports standalone net loss of Rs 20.80 crore in the December 2017 quarter

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Capital Market
Last Updated : Jan 24 2018 | 5:17 PM IST

Sales decline 13.10% to Rs 6.30 crore

Net loss of Indiabulls Real Estate reported to Rs 20.80 crore in the quarter ended December 2017 as against net profit of Rs 4.37 crore during the previous quarter ended December 2016. Sales declined 13.10% to Rs 6.30 crore in the quarter ended December 2017 as against Rs 7.25 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales6.307.25 -13 OPM %-81.27-29.10 -PBDT-19.484.81 PL PBT-19.724.52 PL NP-20.804.37 PL

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First Published: Jan 24 2018 | 4:54 PM IST

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