Indiabulls Real Estate spurts on reporting over 38 fold surge in Q4 net profit

25 Apr 2013

Indiabulls Real Estate is currently trading at Rs 71.60, up by 1.00 points or 1.42% from its previous closing of Rs 70.60 on the BSE.

The scrip opened at Rs 71.05 and has touched a high and low of Rs 73.20 and Rs 68.55 respectively. So far 2211393 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 82.35 on 04-Feb-2013 and a 52 week low of Rs 41.75 on 04-Sep-2012.

Last one week high and low of the scrip stood at Rs 72.40 and Rs 59.15 respectively. The current market cap of the company is Rs 2831.14 crore.

The promoters holding in the company stood at 44.38% while Institutions and Non-Institutions held 32.22 % and 23.24 % respectively.

The company has reported 37.82-fold jump in its net profit at Rs 121.04 crore for the quarter ended March 31, 2013 as compared to Rs 3.20 crore for the same quarter in the previous year. Total income has increased 3.09-fold at Rs 191.18 crore for quarter under review as compared to Rs 61.88 crore for the quarter ended March 31, 2012.

On the consolidated basis, the company has posted a fall of 7.28% in its net profit at Rs 51.94 crore for the quarter ended March 31, 2013 as compared to Rs 56.02 crore for the same quarter in the previous year.  Total income of the company has decreased by 6.75% at Rs 422.53 crore for quarter under review as compared to Rs 453.14 crore for the quarter ended March 31, 2012.

For the year ended March 31, 2013, the company has reported 18.58-fold jump in its net profit at Rs 268.56 crore as compared to Rs 14.45 crore for the same period in the previous year. Total income has increased 2.64-fold at Rs 588.66 crore for year under review as compared to Rs 222.49 crore for the period ended March 31, 2012.

For the year ended March 31, 2013, on the consolidated basis, the company has posted a rise of 5.05% in its net profit at Rs 174.19 crore as compared to Rs  165.81 crore for the same period in the previous year. However, total income decreased by 9.45% at Rs 1346.28 crore for year under review as compared to Rs 1486.74 crore for the period ended March 31, 2012.

Related Indiabulls Real Estate Ltd. Links:

Indiabulls Real Est. Share Price

64.70 4.25 (7.03%) Nov 27, 18:59
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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