Indiabulls Real Estate standalone net profit declines 99.24% in the September 2014 quarter

Sales decline 32.78% to Rs 12.10 crore

Net profit of Indiabulls Real Estate declined 99.24% to Rs 0.62 crore in the quarter ended September 2014 as against Rs 82.11 crore during the previous quarter ended September 2013. Sales declined 32.78% to Rs 12.10 crore in the quarter ended September 2014 as against Rs 18.00 crore during the previous quarter ended September 2013. ParticularsQuarter EndedSep. 2014Sep. 2013% Var.Sales12.1018.00 -33 OPM %20.50-12.94 -PBDT1.9082.99 -98 PBT0.6582.16 -99 NP0.6282.11 -99

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