Indiabulls Real Estate Ltd reports net profit of Rs 95 cr for Q4FY21
New Delhi: Indiabulls Real Estate Ltd reported a consolidated net profit of Rs 95 crore for the fourth quarter (January-March) of 2021, as compared to a net loss of Rs 110 crore in the same period of 2020.
The total income of the company jumped to Rs 760 crore in the fourth quarter of the last fiscal year from Rs 152 crore in the same period of the previous year, according to a regulatory filing.
The company's net profit dropped to Rs 4.71 crore in the whole of 2020-21 fiscal as compared to Rs 121 crore in the previous year. The total income of the company dropped to Rs 1,662 crore in the last fiscal as compared Rs 3,441 crore in the 2019-20 financial year.