Home / Business / Indiabulls Real Estate posts Rs 119.36 cr Q1 loss; to sell commercial assets for up to Rs 4,800 cr

Indiabulls Real Estate posts Rs 119.36 cr Q1 loss; to sell commercial assets for up to Rs 4,800 cr


Indiabulls Real Estate posts Rs 119.36 cr Q1 loss; to sell commercial assets for up to Rs 4,800 cr Despite higher income, the company posted a net loss as it had to pay an additional tax amount of Rs 98 crore along with interest thereon of Rs 67.50 crore, based on the order of the Settlement Commission.

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