Indiabulls Real Estate reports standalone net loss of Rs 7.16 crore in the March 2018 quarter

Sales rise 65.93% to Rs 10.47 crore

Net loss of Indiabulls Real Estate reported to Rs 7.16 crore in the quarter ended March 2018 as against net profit of Rs 5.15 crore during the previous quarter ended March 2017. Sales rose 65.93% to Rs 10.47 crore in the quarter ended March 2018 as against Rs 6.31 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 19.75 crore in the year ended March 2018 as against net profit of Rs 17.35 crore during the previous year ended March 2017. Sales rose 202.79% to Rs 82.36 crore in the year ended March 2018 as against Rs 27.20 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales10.476.31 66 82.3627.20 203 OPM %8.31-76.23 -54.46-61.21 - PBDT-8.021.02 PL -15.1818.25 PL PBT-8.240.75 PL -16.1616.91 PL NP-7.165.15 PL -19.7517.35 PL

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