Indiabulls Real Estate consolidated net profit rises 96.12% in the December 2017 quarter

Sales rise 599.44% to Rs 2100.13 crore

Net profit of Indiabulls Real Estate rose 96.12% to Rs 85.39 crore in the quarter ended December 2017 as against Rs 43.54 crore during the previous quarter ended December 2016. Sales rose 599.44% to Rs 2100.13 crore in the quarter ended December 2017 as against Rs 300.26 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales2100.13300.26 599 OPM %11.019.67 -PBDT133.3181.53 64 PBT108.6363.37 71 NP85.3943.54 96

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