Indiabulls Real Estate inches up on reporting 92.35% rise in Q1 consolidated net profit

25 Jul 2013

Indiabulls Real Estate is currently trading at Rs. 71.30, up by 0.10 points or 0.14% from its previous closing of Rs. 71.20 on the BSE.

The scrip opened at Rs. 70.90 and has touched a high and low of Rs. 72.35 and Rs. 70.50 respectively. So far 6, 35,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 87.30 on 17-May-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. 75.50 and Rs. 66.75 respectively. The current market cap of the company is Rs. 3,023 crore.

The promoters holding in the company stood at 45.99% while Institutions and Non-Institutions held 28.65% and 25.21% respectively.

The company has reported 42.85% fall in its net profit at Rs 51.08 crore for the quarter as compared to Rs 89.38 crore for the same quarter in the previous year. Total income of the company has decreased by 48.82% at Rs 108.73 crore for quarter under review as compared to Rs 212.46 crore for the quarter ended June 30, 2012.

On the consolidated basis, the group registered a rise of 92.35% in its net profit after taxes, minority interest and share of profit of associates at Rs 72.61 crore for the quarter as compared to Rs 37.75 crore for the same quarter in the previous year. Total income of the company, on consolidated basis, has increased by 136.55% at Rs 524.79 crore for quarter under review as compared to Rs 221.85 crore for the quarter ended June 30, 2012.

Related Indiabulls Real Estate Ltd. Links:

Indiabulls Real Est. Share Price

69.15 -1.15 (-1.64%) Nov 22, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
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