Indiabulls Real Estate spurts on reporting stellar Q4 numbers

26 Apr 2012 Evaluate

Indiabulls Real Estate is currently trading at Rs. 63.30, up by 2.20 points or 3.60% from its previous closing of Rs. 61.10 on the BSE.

The scrip opened at Rs. 60.80 and has touched a high and low of Rs. 63.60 and Rs. 60.80 respectively. So far 393156 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 136.00 on 27-Apr-2011 and a 52 week low of Rs. 40.10 on 07-Dec-2011.

Last one week high and low of the scrip stood at Rs. 67.50 and Rs. 59.20 respectively. The current market cap of the company is Rs. 2788.27 crore.

The promoters holding in the company stood at 38.47% while Institutions and Non-Institutions held 34.46% and 26.46% respectively.

Indiabulls Real Estate has reported results for fourth quarter ended March 31, 2012.

On the standalone basis, the company has reported net profit of Rs 3.20 crore for the quarter ended March 31, 2012, against net loss of Rs 8.15 crore for the corresponding period last fiscal.  However, total income decreased by 41.75% at Rs 31.53 crore during the quarter under review from Rs 54.13 crore in the year-ago period.

On the consolidated basis, the company has posted a rise of 159.83% in its net profit at Rs 56.02 crore for the quarter ended March 31, 2012 as compared to Rs 21.56 crore for the same quarter in the previous year.  However, total income has decreased by 26.52% at Rs 445.24 crore for quarter under review as compared to Rs 605.96 crore for the quarter ended March 31, 2011

For the full year ended March 31, 2012, on the standalone basis, the company has posted a fall of 68.45% in its net profit at Rs 14.45 crore for the year ended March 31, 2012 as compared to Rs 45.80 crore for the same period in the previous year. Total income has decreased by 10.71% at Rs 142.05 crore for year under review as compared to Rs 159.09 crore for the period ended March 31, 2011.

On the consolidated basis, the company has posted a rise of 3.79% in its net profit at Rs 165.81 crore for the year ended March 31, 2012 as compared to Rs 159.75 crore for the same period in the previous year. However, total income has decreased by 3.22% at Rs 1391.59 crore for year under review as compared to Rs 1437.89 crore for the period ended March 31, 2011.

Indiabulls Real Est. Share Price

131.55 -2.75 (-2.05%)
19-Apr-2024 16:01 View Price Chart
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