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Indiabulls Ventures consolidated net profit declines 15.94% in the December 2019 quarter

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Capital Market

Sales rise 53.15% to Rs 866.81 crore

Net profit of Indiabulls Ventures declined 15.94% to Rs 101.40 crore in the quarter ended December 2019 as against Rs 120.63 crore during the previous quarter ended December 2018. Sales rose 53.15% to Rs 866.81 crore in the quarter ended December 2019 as against Rs 566.00 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales866.81566.00 53 OPM %43.4863.99 -PBDT166.51180.52 -8 PBT136.89173.52 -21 NP101.40120.63 -16

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First Published: Jan 24 2020 | 9:54 AM IST

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