Mumbai : Indiabulls Real Estate is currently trading at Rs. 118.35, up by 12.80 points or 12.13% from its previous closing of Rs. 105.55 on the BSE. The scrip opened at Rs. 108.50 and has touched a high and low of Rs. 118.85 and Rs. 107.10 respectively. So far 2546293 shares were traded on the counter. The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 223.90 on 26-Apr-2018 and a 52 week low of Rs. 63.05 on 06-Feb-2019.
Last one week high and low of the scrip stood at Rs. 110.85 and Rs. 99.50 respectively. The current market cap of the company is Rs. 5266.20 crore. The promoters holding in the company stood at 38.90%, while Institutions and Non-Institutions held 28.82% and 32.28% respectively.
Indiabulls Real Estate has reported a net profit of Rs 126.93 crore for the quarter ended March 31, 2019 as against net loss of Rs 7.16 crore for the same quarter in the previous year. Total income of the company Jump around 3-fold at Rs 284.87 crore for quarter under review as compared to Rs 84.53 crore for the quarter ended March 31, 2018.
On consolidated basis, the company has reported fall of 95.02% in its net profit at Rs 108.61 crore for the quarter ended March 31, 2019 as compared to Rs 2181.21 crore for the corresponding quarter in the FY18. Total consolidated income of the company decreased by 37.10% at Rs 2040.61 crore for quarter under review as compared to Rs 3244.25 crore for the same quarter ended previous year.
For the year ended March 31, 2019, the company has posted its net profit at Rs 106.01 crore as against net loss of Rs 19.75 crore for the previous year. Total income of company increased 44.76% at Rs 554.72 crore for year under review as compared to Rs 383.21 crore for year ended March 31, 2018.
For the year ended March 31, 2019, on the consolidated basis, the company has posted fall of 78.63% in its net profit at Rs 504.32 crore as compared to Rs 2359.56 crore for the previous year. However, total income of company increased by 10.38% at Rs 5222.93 crore for year under review as compared to Rs 4731.84 crore for year ended March 31, 2018.
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