Indiabulls Real Estate Ltd reported a wider FY24 net loss of ₹1,038.65 crore and lower total income compared to FY23.

Indiabulls Real Estate Ltd (IBREL) reported a wider consolidated net loss of ₹1,038.65 crore in FY24 vs FY23, with total income declining to ₹468.75 crore from ₹648.47 crore. The March quarter net loss narrowed to ₹302 crore from ₹375.99 crore, with total income falling to ₹39.54 crore from ₹132.91 crore in the same quarter of the previous year. Mumbai-based IBREL is a leading real estate developer in India.

April 27, 2024
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