Indiabulls Real Estate has reported results for first quarter ended June 30, 2016.
The company has registered 27.25 % fall in its net profit at Rs 4.31 crore for the quarter as compared to Rs 5.92 crore for the same quarter in the previous year. Total income of the company increased by 7.21 % at Rs 109 crore for quarter under review as compared to Rs 101.67 crore for the quarter ended June 30, 2015.
On the consolidated basis, the company reported 29.54% jump in its net profit after taxes & minority interest at Rs 116.83 crore for the quarter ended June 30, 2016 as compared to Rs 90.19 crore for the same quarter in the previous year. However, total Income of the company increased by 7.07% to Rs 894.33 crore for quarter under review from Rs 835.25 crore for the quarter ended June 30, 2015.
