Indiabulls Real Estate has reported results for the second quarter ended September 30, 2020.
The company has reported net loss at Rs 32.59 crore for the quarter under review as compared to net loss of Rs 100.48 crore for the same quarter in the previous year. Total income of the company decreased by 67.49% at Rs 15.05 crore for Q2FY21 as compared Rs 46.30 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss attributable to owners at Rs 76.14 crore for the quarter under review as compared to net profit at Rs 301.17 crore for the same quarter in the previous year. Total income of the company decreased by 95.40% at Rs 50.70 crore for Q2FY21 as compared Rs 1,101.90 crore for the corresponding quarter previous year.
