Tuesday , 18 June 2019
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Indiabulls Ventures reports over 2-fold jump in Q3 consolidated net profit

Indiabulls Ventures reports over 2-fold jump in Q3 consolidated net profit

Indiabulls Ventures has reported results for third quarter ended December 31, 2018.

The company has reported over 2-fold jump in its net profit at Rs 15.38 crore for the quarter under review as compared to Rs 7.11 crore for the same quarter in the previous year. Total income of the company increased by 76.63% at Rs 86.25 crore for Q3FY19 as compared Rs 48.83 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 120.45 crore for the quarter under review as compared to Rs 54.35 crore for the same quarter in the previous year. Total income of the company also reported 2-fold jump at Rs 567.20 crore for Q3FY19 as compared Rs 270.43 crore for the corresponding quarter previous year.

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