*Indiabulls Real Estate* reported a phenomenal drop in standalone net profit for the quarter ended December 2008. During the quarter, the profit of the company declined 98.35% to Rs 67.78 million from Rs 4,100.40 million in the same quarter previous year.
Net sales for the quarter rose 2.40 times to Rs 146.35 million, while total income for the quarter fell 93.01% to Rs 374.41 million, when compared with the prior year period. The company posted earnings of Rs 0.11 a share during the quarter, registering 99.43% decline over previous year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 146.35 61.00 139.92 *Net Profit* 67.78 4,100.40 (98.35) *Basic EPS* 0.11 19.32 (99.43) --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
