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Indiabulls Enterprises reports consolidated net profit of Rs 1.51 crore in Q3FY23

30 Jan 2023 Evaluate

Indiabulls Enterprises has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported net loss at Rs 3.94 crore for the quarter under review as compared to net profit of Rs 4.70 crore for the same quarter in the previous year. Total income of the company decreased 69.32% at Rs 15.36 crore for Q3FY23 as compared to Rs 50.06 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit at Rs 1.51 crore for the quarter under review as compared to net loss of Rs 14.79 crore for the same quarter in the previous year. Total income of the company decreased 55.14% at Rs 25.30 crore for Q3FY23 as compared to Rs 56.40 crore for the corresponding quarter previous year.

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