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

Indiabulls Real Estate consolidated September 2020 Net sales was Rs.20.15 down 98.14 % Y-O-Y.

Rakesh Jhunjhunwala's Rare Enterprises picked up 1.1% stake in Indiabulls Real Estate earlier which resulted in surge in Price of Indiabulls Real Estate Share by 11%

June 2020 and Sep 2020 quarter were in loses but December 2020 quarter is on profit of Rs81 Cr. PAT Q2 Rs.80 Cr Vs -76 Cr Lose in previous Q2.



Today Indiabulls Real closed at 78.10 ( -3.1%) down in BSE and -3.04% in NSE.
PE Ratios-44.00

EPS (Rs.)-1.88

Sep 20 Gross profit was -31.30 INR, In June 2020 it was -70.18 Cr INR, Mar 2020 it was INR. CR.113.67, Dec’19 it was -31.05 Cr and Sep’19 it was -70.88 Cr.

 

By : | Category : Business and Economy| Sub Category : Indian Business News|Date : January 18,2021

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