Indiabulls Real Estate\'s net profit up 23% in Q2 FY18

Indiabulls Real Estate's net profit up 23% in Q2 FY18

Its net profit stood at Rs 61.64 crore in the year-ago period, the Mumbai-based company said in a regulatory filing. PTI  |  October 26, 2018, 14:30 IST
Indiabulls Real Estate's net profit up 23% in Q2 FY18 NEW DELHI: Indiabulls Real Estate Wednesday reported a 23 per cent increase in its consolidated net profit at Rs 75.91 crore for the quarter ended September. Its net profit stood at Rs 61.64 crore in the year-ago period, the Mumbai-based company said in a regulatory filing.

Net sales jumped more than two-folds to Rs 1,040.41 crore for the second quarter of this fiscal from Rs 470.77 crore in the corresponding period of the previous year.