Indiabulls Real Estate Q2 net profit jumps four-fold to Rs 301 crore

Indiabulls Real Estate Q2 net profit jumps four-fold to Rs 301 crore

Indiabulls Real Estate Ltd (IBREL) has reported nearly four-fold jump in its consolidated net profit at Rs 301.16 crore for the second quarter of this fiscal year. Its net profit stood at Rs 75.91 crore in the year-ago period. Total income rose to Rs 1,101.9 crore during the July-September quarter of the 2019-20 fiscal from Rs 1,059.71 crore in the corresponding period of the previous year, the company said in a regulatory filing.

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