Indiabulls’ Q4 profit jumps 46.4 pc to Rs 194 crore

Indiabulls Limited reported a 46.4 per cent rise in March quarter profitability, supported by strong real estate performance and business restructuring. The company posted a profit after tax of Rs 194 crore for the quarter, with revenue at Rs 418 crore. The real estate segment contributed significantly, with sales bookings worth Rs 2,752 crore and a strong development pipeline with a gross development value of over Rs 21,000 crore.