Indiabulls Real Estate Ltd (IBREAL) has posted a consolidated net loss of Rs 236.77 crore for the third quarter of this fiscal year on a lower income. Its net loss stood at Rs 87.04 crore in the year-ago period, according to a regulatory filing. Total income also fell to Rs 148.47 crore in the third quarter of this fiscal year from Rs 355.59 crore in the corresponding period of the previous year. During the April-December period of 2022-23 fiscal, the company's net loss stood at Rs 231.81 crore as against a net loss of Rs 76.53 crore in the year-ago period. Total income fell to Rs 515.55 crore in the first nine months of this fiscal from Rs 1,268.87 crore in the year-ago period, the Mumbai-based firm said.
Rajiv Rattan is putting his past behind him and venturing into newer businesses such as retail, drones and EV manufacturing
Impairments on financial instruments double YoY; income from operations almost flat at Rs 2,229.7 cr
In the investor presentation IBREL said its net debt stood at Rs 464 crore at the end of June quarter, as against Rs 1,005 crore as on March 31, 2022
NAA has found Indiabulls Real Estate guilty of not passing on over Rs 6.46 crore input tax credit benefits to homebuyers by commensurate reduction in prices post rollout of GST
The company had posted a net profit of Rs 94.41 crore in the year-ago period
Earlier in February, the ED had conducted raids in Delhi and Mumbai at the premises of Indiabulls and its promoters. The ED had also written to the National Stock Exchange (NSE) in this connection
'We believe that the lodgment of the complaint against the petitioners and continuity of the proceedings, is an abuse of process of law', the high court said in its judgement
The Mumbai-based firm on March 7 had launched its QIP (Qualified Institutional Placement) issue and closed it on April 12
Funds can be raised via NCDs on one or more tranches as private placement
On Tuesday, many users took to social media to complain that their credit reports reflected loans taken by them from IVL Finance Ltd which later became Indiabulls Consumer Finance.
The non-convertible debenture (NCD) issue has a base size of Rs 150 crore with an option to retain oversubscription of up to Rs 150 crore
The bodies of Chief of Defence Staff Gen Bipin Rawat, his wife Madhulika Rawat and Brig LS Lidder and 10 others killed in the tragic helicopter crash near Coonoor were brought to the national capital
The shares were offloaded in the range of Rs 221.34-221.75 apiece, valuing the transaction size to Rs 113 crore
The comapny disbursed retail loans of Rs 325 crore in the month of September 2021 through its co-lending tie-ups
Indiabulls Housing is seeking to raise as much as 10 billion rupees through the sale of notes that open for subscription on Monday
The former non-executive director, Pia Johnson, and her husband, Mehul Johnson, violated the Prohibition of Insider Trading norms by trading in firm's scrip
Groww said Sebi's recent change in sponsorship criteria for fintech companies has enabled it to enter into the asset management space
Online investment platform Groww on Tuesday announced that it will be acquiring Indiabulls Mutual Fund for a total consideration of Rs 175 crore.
Says charges malafide, casts doubts on bonafide of complainant