Indiabulls Real Estate has reported results for second quarter ended September 30, 2014.
The company has posted a fall of 99.24% in its net at Rs 0.62 crore for the quarter ended September 30, 2014 as compared to Rs 82.11 crore for the same quarter in the previous year. However, total income has decreased by 47.99% at Rs 76.36 crore for quarter under review as compared to Rs 146.83 crore for the quarter ended September 30, 2013.
On consolidated basis, the company’s net profit after taxes and minority interest for the quarter under review registered 54.01% fall at Rs 37.34 crore against Rs 81.20 crore in the September quarter of previous fiscal. However, the company’s total income has increased by 60.09% at Rs 753.63 crore for the quarter from Rs 470.76 crore in the similar quarter of previous year.
