Indiabulls Real Estate Q3 results: Net profit rises 64% to Rs 81 cr

Indiabulls Real Estate Ltd (IBREL) on Monday reported a 64 per cent rise in its consolidated net profit to Rs 80.69 crore for the quarter ended December.

Its net profit was Rs 49.27 crore in the year-ago period.

The company’s total income was Rs 756.81 crore during the third quarter of the fiscal year, against Rs 1,317.70 crore a year ago, the Mumbai based realtor said in regulatory filing.

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