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Indiabulls Real Estate consolidated net profit rises 2639.00% in the March 2018 quarter

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Capital Market

Sales rise 364.04% to Rs 2028.00 crore

Net profit of Indiabulls Real Estate rose 2639.00% to Rs 1648.33 crore in the quarter ended March 2018 as against Rs 60.18 crore during the previous quarter ended March 2017. Sales rose 364.04% to Rs 2028.00 crore in the quarter ended March 2018 as against Rs 437.03 crore during the previous quarter ended March 2017.

For the full year,net profit rose 455.19% to Rs 1980.20 crore in the year ended March 2018 as against Rs 356.67 crore during the previous year ended March 2017. Sales rose 155.42% to Rs 5926.53 crore in the year ended March 2018 as against Rs 2320.34 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales2028.00437.03 364 5926.532320.34 155 OPM %96.5032.55 -48.2827.81 - PBDT1774.88115.62 1435 2346.00610.72 284 PBT1751.3496.49 1715 2249.49539.29 317 NP1648.3360.18 2639 1980.20356.67 455

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First Published: Apr 26 2018 | 4:55 PM IST

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