Indiabulls Real Estate has reported results for second quarter ended September 30, 2015.
The company has reported 7156.45% rise in its net profit at Rs 44.99 crore for the quarter ended September 30, 2015 as compared to Rs 62.20 lakh for the same quarter in the previous year. The company’s total income has increased by 74.17% to Rs 133.00 crore for the quarter under review from Rs 76.36 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 2 fold jump in its net profit after taxes, minority interest at Rs 75.01 crore for the quarter ended September 30, 2015 as compared to Rs 37.33 crore for the same quarter in the previous year. However, the Total income of the company has decreased by 11.31% at Rs 668.37 crore for quarter under review as compared to Rs 753.63 crore for the quarter ended September 30, 2014.
