Indiabulls Real Estate announces Q1 results

Indiabulls Real Estate Ltd has announced the following Unaudited results for the quarter ended June 30, 2009:

The Company has posted a net profit of Rs 59.551 million for the quarter ended June 30, 2009 as compared to Rs 68.015 million for the quarter ended June 30, 2008. Total Income has increased from Rs 334.601 million for the quarter ended June 30, 2008 to Rs 347.880 million for the quarter ended June 30, 2009.

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