Corporate Results

Net Loss of Indiabulls Real Estate reported to Rs 302.02 crore in the quarter ended March 2024 as against net loss of Rs 375.99 crore during the previous quarter ended March 2023. Sales declined 80.56% to Rs 21.02 crore in the quarter ended March 2024 as against Rs 108.14 crore during the previous quarter ended March 2023.

For the full year,net loss reported to Rs 1038.65 crore in the year ended March 2024 as against net loss of Rs 608.38 crore during the previous year ended March 2023. Sales declined 29.48% to Rs 413.80 crore in the year ended March 2024 as against Rs 586.77 crore during the previous year ended March 2023.

Particulars	Quarter Ended			Year Ended
?	Mar. 2024	Mar. 2023	% Var.	Mar. 2024	Mar. 2023	% Var.
Sales	21.02	108.14	-81	413.80	586.77	-29
OPM %	-1495.62	-328.24	-	-103.46	-93.02	-
PBDT	-298.14	-330.87	10	-382.40	-511.75	25
PBT	-301.04	-333.77	10	-393.72	-523.88	25
NP	-302.02	-375.99	20	-1038.65	-608.38	-71

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