Net profit of Indiabulls Real Estate declined 65.80% to Rs 6.68 crore in the quarter ended December 2011 as against Rs 19.53 crore during the previous quarter ended December 2010. Sales rose 30.79% to Rs 48.26 crore in the quarter ended December 2011 as against Rs 36.90 crore during the previous quarter ended December 2010.
In the consolidated results, the company reported net profit after minority interest of Rs 41.78 crore in the quarter ended December 2011 as against Rs 76.61 crore during the previous quarter ended December 2010. Sales reported to Rs 356.47 crore in the quarter ended December 2011 as against Rs 399.66 crore during the previous quarter ended December 2010.
| Particulars | Quarter Ended |
| | Dec. 2011 | Dec. 2010 | % Var. |
| Sales | 48.26 | 36.90 | 31 |
| OPM % | 69.31 | 66.40 | 4 |
| PBDT | 10.65 | 29.64 | -64 |
| PBT | 9.87 | 28.87 | -66 |
| NP | 6.68 | 19.53 | -66 |