Business Standard

Indiabulls Real Estate reports standalone net loss of Rs 7.16 crore in the March 2018 quarter

Image

Capital Market

Sales rise 65.93% to Rs 10.47 crore

Net loss of Indiabulls Real Estate reported to Rs 7.16 crore in the quarter ended March 2018 as against net profit of Rs 5.15 crore during the previous quarter ended March 2017. Sales rose 65.93% to Rs 10.47 crore in the quarter ended March 2018 as against Rs 6.31 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 19.75 crore in the year ended March 2018 as against net profit of Rs 17.35 crore during the previous year ended March 2017. Sales rose 202.79% to Rs 82.36 crore in the year ended March 2018 as against Rs 27.20 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales10.476.31 66 82.3627.20 203 OPM %8.31-76.23 -54.46-61.21 - PBDT-8.021.02 PL -15.1818.25 PL PBT-8.240.75 PL -16.1616.91 PL NP-7.165.15 PL -19.7517.35 PL

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 26 2018 | 4:56 PM IST

Explore News