Indiabulls Real Estate standalone net profit rises 57.06% in the March 2015 quarter

Sales decline 84.46% to Rs 4.23 crore

Net profit of Indiabulls Real Estate rose 57.06% to Rs 17.01 crore in the quarter ended March 2015 as against Rs 10.83 crore during the previous quarter ended March 2014. Sales declined 84.46% to Rs 4.23 crore in the quarter ended March 2015 as against Rs 27.22 crore during the previous quarter ended March 2014.

For the full year,net profit declined 84.05% to Rs 23.06 crore in the year ended March 2015 as against Rs 144.55 crore during the previous year ended March 2014. Sales declined 58.19% to Rs 35.50 crore in the year ended March 2015 as against Rs 84.90 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales4.2327.22 -84 35.5084.90 -58 OPM %-67.3850.00 -12.0028.75 - PBDT2.3215.70 -85 13.80160.46 -91 PBT1.3014.92 -91 9.14157.25 -94 NP17.0110.83 57 23.06144.55 -84

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