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Indiabulls Real Estate consolidated net profit rises 29.54% in the June 2016 quarter

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Sales decline 6.61% to Rs 761.14 crore

Net profit of Indiabulls Real Estate rose 29.54% to Rs 116.83 crore in the quarter ended June 2016 as against Rs 90.19 crore during the previous quarter ended June 2015. Sales declined 6.61% to Rs 761.14 crore in the quarter ended June 2016 as against Rs 815.00 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales761.14815.00 -7 OPM %39.3733.98 -PBDT181.32159.75 14 PBT164.40142.07 16 NP116.8390.19 30

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First Published: Aug 10 2016 | 5:26 PM IST

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