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    HomeNewsBusinessEarningsIndiabulls Real Estate Q3 net profit seen up at Rs 54.1 cr

    Indiabulls Real Estate Q3 net profit seen up at Rs 54.1 cr

    Indiabulls Real Estate is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its Q3 net profit is expected to go up at Rs 54.1 crore as against Rs 50.85 crore.

    January 17, 2011 / 10:07 IST

    Indiabulls Real Estate is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its Q3 net profit is expected to go up at Rs 54.1 crore as against Rs 50.85 crore.

    Revenues are seen going up at Rs 298.5 crore from Rs 300 crore. Earning before interest, depreciation, tax and amortisation (EBIDTA) is likely to go down at Rs 78.9 crore from Rs 81.2 crore.

    Q3FY11 Expectations
    * Expect revenue recognition from Panvel project to be lower on QoQ basis
    * Area of office spaced leased in Jupiter and Elphinstone Mills expected to expand

    first published: Jan 17, 2011 10:00 am

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