Indiabulls Real Estate: Net dips 45% to Rs. 42 crore

Indiabulls Real Estate has reported a 45% decline in consolidated net profit for the 3rd quarter ended December 31, at Rs 42 crore.

The consolidated net profit is Rs 76.61 crore in the corresponding period last financial year.

The net sales of the Indiabulls Real Estate fell during the quarter by 10.81% to Rs 356.47 crore from Rs. 399.66 crore in the year-ago period.
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