Business Standard

Indiabulls Real Estate posts 363% jump in net

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BS Reporter Mumbai

Its total income for the fourth quarter also increased 283 per cent to Rs 55.1 crore as compared Rs 14.39 crore in the corresponding quarter previous financial year.

For the whole year ending March 31, 2008, the company posted a jump of 3467 per cent at Rs 467.71 crore for the quarter ending March 31, 2008 as compared to Rs 13.11 crore in the same quarter last year.

 

The company's total income also rose by 2297 per cent at Rs 648.88 crore for the fourth quarter of 2008 as comapred to Rs 27.06 crore in the corresponding quarter previous financial year.

"We have posted positive numbers and we are continued to well in the coming quarters,'' said Gagan Banga, director, Indiabulls Real Estate.

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First Published: May 13 2008 | 12:07 PM IST

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