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Indiabulls Real Estate reports consolidated net loss of Rs 87.22 crore in the December 2021 quarter

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Capital Market

Sales decline 55.27% to Rs 322.82 crore

Net loss of Indiabulls Real Estate reported to Rs 87.22 crore in the quarter ended December 2021 as against net profit of Rs 80.59 crore during the previous quarter ended December 2020. Sales declined 55.27% to Rs 322.82 crore in the quarter ended December 2021 as against Rs 721.68 crore during the previous quarter ended December 2020. ParticularsQuarter EndedDec. 2021Dec. 2020% Var.Sales322.82721.68 -55 OPM %-17.4917.86 -PBDT-52.57110.94 PL PBT-55.43107.68 PL NP-87.2280.59 PL

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First Published: Jan 27 2022 | 8:06 AM IST

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