Wednesday, October 8, 2008

Indiabulls Real Estate Announces FY O8 Results - Oct 8, 2008

Indiabulls Real Estate Ltd has announced the following Unaudited results for the quarter ended September 30, 2008:
The results for the Quarter ended September 30, 2008
The Company has posted a net profit after extraordinary items of Rs 68.786 million for the quarter ended September 30, 2008 as compared to Rs 227.717 million for the quarter ended September 30, 2007. Total Income has increased from Rs 373.415 million for the quarter ended September 30, 2007 to Rs 496.173 million for the quarter ended September 30, 2008.

The Consolidated results are as follows:
The consolidated results for the Quarter ended September 30, 2008
The Group has posted a net profit after minority interest of Rs 79.997 million for the quarter ended September 30, 2008 as compared to Rs 341.512 million for the quarter ended September 30, 2007. Total Income has increased from Rs 782.163 million for the quarter ended September 30, 2007 to Rs 1438.260 million for the quarter ended September 30, 2008.

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