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Indiabulls Real Estate Ltd has announced the following results for the quarter & year ended March 31, 2008:

The Unaudited results for the Quarter ended March 31, 2008

The Company has posted a net profit of Rs 278.20 million for the quarter ended March 31, 2008 as compared to Rs 60.10 million for the quarter ended March 31, 2007. Total Income has increased from Rs 143.90 million for the quarter ended March 31, 2007 to Rs 551.30 million for the quarter ended March 31, 2008.

The Audited results for the Year ended March 31, 2008

The Company has posted a net profit of Rs 4677.10 million for the year ended March 31, 2008 as compared to Rs 131.10 million for the year ended March 31, 2007. Total Income has increased from Rs 270.60 million for the year ended March 31, 2007 to Rs 6488.80 million for the year ended March 31, 2008.

The Consolidated results are as follows:

The Unaudited consolidated results for the Quarter ended March 31, 2008

The Group has posted a net profit from ordinary activities after tax & minority interest of Rs 447.00 million for the quarter ended March 31, 2008 as compared to Rs 124.00 million for the quarter ended March 31, 2007. Total Income has increased from Rs 287.00 million for the quarter ended March 31, 2007 to Rs 1527.50 million for the quarter ended March 31, 2008.

The Audited consolidated results for the Year ended March 31, 2008

The Group has posted a net profit from ordinary activities after tax & minority interest of Rs 4002.40 million for the year ended March 31, 2008 as compared to Rs 139.90 million for the year ended March 31, 2007. Total Income has increased from Rs 455.00 million for the year ended March 31, 2007 to Rs 7646.50 million for the year ended March 31, 2008.

Tags: Indiabulls Real

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