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Indiabulls Ventures consolidated net profit rises 146.23% in the June 2017 quarter

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Capital Market

Sales rise 65.75% to Rs 165.88 crore

Net profit of Indiabulls Ventures rose 146.23% to Rs 50.28 crore in the quarter ended June 2017 as against Rs 20.42 crore during the previous quarter ended June 2016. Sales rose 65.75% to Rs 165.88 crore in the quarter ended June 2017 as against Rs 100.08 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales165.88100.08 66 OPM %49.3064.19 -PBDT65.5229.85 119 PBT64.0324.05 166 NP50.2820.42 146

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First Published: Jul 25 2017 | 5:20 PM IST

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