Indiabulls Ventures standalone net profit declines 23.09% in the June 2017 quarter

Sales rise 53.69% to Rs 27.31 crore

Net profit of Indiabulls Ventures declined 23.09% to Rs 16.09 crore in the quarter ended June 2017 as against Rs 20.92 crore during the previous quarter ended June 2016. Sales rose 53.69% to Rs 27.31 crore in the quarter ended June 2017 as against Rs 17.77 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales27.3117.77 54 OPM %47.3851.44 -PBDT15.2224.78 -39 PBT14.8824.30 -39 NP16.0920.92 -23

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