Indiabulls Real Estate posts net loss of Rs 18.23 crore in Q2 FY24, ET RealEstate

October 31, 2023

NEW DELHI: Indiabulls Real Estate has reported net consolidated loss after tax of Rs 18.23 crore during the quarter ended September 30, 2023. It had registered net consolidated profit after tax of Rs 56.73 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

The company’s net consolidated total income stood at Rs 108.26 crore crore in Q2 FY24, a dip of 46.64 per cent from Rs 202.90 crore it registered in the similar quarter last year.

During the quarter, one of the wholly owned subsidiary of the company has been voluntarily dissolved, it said in the regulatory filing.

  • Published On Oct 31, 2023 at 04:30 PM IST

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