Indiabulls Real Estate net profit declines 97.19% in the December 2013 quarter

Sales decline 25.81% to Rs 19.26 crore

Net profit of Indiabulls Real Estate declined 97.19% to Rs 0.53 crore in the quarter ended December 2013 as against Rs 18.86 crore during the previous quarter ended December 2012. Sales declined 25.81% to Rs 19.26 crore in the quarter ended December 2013 as against Rs 25.96 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales19.2625.96 -26 OPM %33.7048.57 -PBDT2.2628.53 -92 PBT1.4627.68 -95 NP0.5318.86 -97

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