Indiabulls Actual Property Ltd’s (IBREL) gross sales bookings jumped over two-fold to Rs 874 crore through the first six months of this fiscal 12 months on revival of housing demand.
In keeping with an buyers presentation, new gross sales stood at Rs 874 crore within the first half of this fiscal 12 months from Rs 368 crore within the corresponding interval of the earlier 12 months.
The gross assortment additionally rose to Rs 654 crore throughout April-September interval from Rs 284 crore within the year-ago interval.
“Consolidated debt of the corporate web of money and liquid investments is Rs 967 crore as on September 30, 2021 vs Rs 2,025 crore as on March 31, 2020 whereby complete offered receivables and accomplished stock in hand is Rs 3,369 crore as on date,” the presentation stated.
On Thursday, IBREL reported a consolidated web revenue of Rs 5.64 crore for the quarter ended September.
In a regulatory submitting, IBREL reported a consolidated web revenue of Rs 5.64 crore for the quarter ended September. The corporate had posted a web