Published 19:40 IST, October 31st 2023
Indiabulls Real Estate reports Rs 18.23 crore net loss in September quarter
The company had posted a net profit of Rs 56.73 crore in the year-ago period.
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Indiabulls Real Estate | Image:
Official website
Indiabulls Real Estate Ltd (IBREL) on Tuesday reported a consolidated net loss of Rs 18.23 crore in the second quarter of this fiscal year.
The company had posted a net profit of Rs 56.73 crore in the year-ago period.
Total income fell to Rs 108.26 crore in the July-September period of the 2023-24 fiscal from Rs 202.9 crore in the corresponding period of the previous year, according to a regulatory filing.
Updated 19:40 IST, October 31st 2023