Indiabulls Real Estate Q2 profit increases
Realty developer Indiabulls Real Estate has registered 100% on-year rise in its consolidated net profit at Rs 141.6 crore for the quarter ended September. During the quarter, the company recorded new sales worth Rs 755 crore, while leasing around 50,000 sq ft commercial space. The company’s two commercial properties One Indiabulls Center and Indiabulls Finance Center generated annuity revenue of Rs 126.9 crore during the quarter.
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