Indiabulls Real Estate posts Rs 87 cr loss in Dec quarter

Indiabulls Real Estate posts Rs 87 cr loss in Dec quarter
Representative Image Image Credit: ANI
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  • India

Indiabulls Real Estate Ltd (IBREL) on Tuesday reported a consolidated net loss of Rs 87.21 crore for the quarter ended December.

Its net profit stood at Rs 80.58 crore in the year-ago period, according to a regulatory filing.

Total income fell to Rs 355.59 crore in the third quarter of this fiscal, from Rs 756.81 crore in the corresponding period of the previous year.

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