Indiabulls Ventures consolidated net profit declines 89.09% in the June 2020 quarter

Capital Market 

Sales decline 46.12% to Rs 382.68 crore

Net profit of Indiabulls Ventures declined 89.09% to Rs 11.98 crore in the quarter ended June 2020 as against Rs 109.79 crore during the previous quarter ended June 2019. Sales declined 46.12% to Rs 382.68 crore in the quarter ended June 2020 as against Rs 710.27 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales382.68710.27 -46 OPM %46.9858.71 -PBDT51.14193.94 -74 PBT24.02169.78 -86 NP11.98109.79 -89

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First Published: Wed, September 09 2020. 16:34 IST