Business Standard

Indiabulls Real Estate net profit rises 64% to Rs 81 cr in Dec quarter

Indiabulls Real Estate Ltd (IBREL) on Monday reported a 64 per cent rise in its consolidated net profit to Rs 80.69 crore for the quarter ended December.

Indiabulls had its compulsions: It desperately wanted a banking licence but why would any bank in their right mind want to acquire LVB?

Press Trust of India New Delhi

Indiabulls Real Estate Ltd (IBREL) on Monday reported a 64 per cent rise in its consolidated net profit to Rs 80.69 crore for the quarter ended December.

Its net profit was Rs 49.27 crore in the year-ago period.

The company's total income was Rs 756.81 crore during the third quarter of the fiscal year, against Rs 1,317.70 crore a year ago, the Mumbai based realtor said in regulatory filing.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 18 2021 | 11:20 PM IST

Explore News