Indiabulls Real Estate has reported results for first quarter ended June 30, 2015.
The company has reported 13.30% fall in its net profit at Rs 2.02 crore for the quarter ended June 30, 2015 as compared to Rs 2.33 crore for the same quarter in the previous year. The company’s total income has increased by 49.80% to Rs 94.18 crore for the quarter under review from Rs 62.87 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported over two fold jump in its net profit after taxes and minority interest and Share of Profit/(Loss) of Associates at Rs 90.68 crore for the quarter ended June 30, 2015 as compared to Rs 38.85 crore for the same quarter in the previous year. Total income of the company has increased by 20.51% at Rs 751.35 crore for quarter under review as compared to Rs 623.48 crore for the quarter ended June 30, 2014.
