Quote on Indiabulls Real Estate Limited by Mr. Yash Gupta, Angel One Ltd
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/10/f2e2c5fc32dcb89abe2e361b9de4f717.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below is quote on Indiabulls Real Estate Limited by Mr. Yash Gupta, Equity Research Analyst, Angel One Ltd
Indiabulls Real Estate Limited has reported results better than market expectations for Q2FY22.
Indiabulls Real Estate reported revenue from operation at ₹349.7 crores as compared to ₹20.14 crores in Q2FY21, in Q2FY21 several of the companies’ operations are stuck due to covid 19 lockdown. The company reported a profit of ₹5.64 crores for Q2FY22 as compared to the loss of ₹76 crores in Q2FY21.
The company has reported a very strong first half of 2022 and we expect the same momentum to continue for the upcoming quarter also. Companies net sales up by 137% at ₹874 crores for H1FY22 as compared to ₹368 crores for H1FY21 along with this gross collections are also improved from ₹284 crores to ₹654 crores in H1FY22. Companies' overall debt has come down to ₹967 crores as of 30th September 2021.
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/electric23.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/lpg23.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Energy Outlook.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gramin23.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Spices Outlook.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Tradebull Securities.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/nirmalabudget23.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Anuj Gupta_Commodity.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/unionB23.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/6b3c1a932eecc597e7ebc63801f5c2dc.jpg)
Quote on Silver : Silver price falls in recent weeks Says Prathamesh Mallya, Angel One
![Bank Nifty Write Up : In this scenario, immediate support is found at levels around 45000 to 44900 Says Mr. Rajesh Bhosale, Angel One](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/052de8b6a271b140ab7a7b65c5f180c9.jpg)
![Market Wrap-Up : Bulls on a roll; Nifty set for the 20K milestone Says Mr. Osho Krishan, Angel One Ltd.](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c3b473fde94c5c2a730f44acc4341955.jpg)
![Commodity Quote on Base Metals (Copper) by Mr. Saish Sandeep Sawant Dessai, Angel One Ltd](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/6208478cde315d3c636b81253e95bd4b.jpg)
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/09/e2fbebb2e07c21900bdd042c395e2803.jpg)
Perspective on Q1 FY23 GDP Data By Mr. Rajat Gupta, Tractor Junction
![The industry is pinning its hope on the forthcoming Budget to push exports Says Mr. Colin Shah,Kama Jewelry](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/01/629b20d32373046523219e415feffefb.jpg)
![Perspective on RBI`s MPC announcement By Rohit Poddar, Poddar Housing and Development Ltd](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/10/d7da92422ca0927709854e8b5ef70a73.jpg)
![The current stance on the repo rate will have lower impact on the mortgage rate Says Nitin Bavisi, Ajmera Realty and Infra India Ltd](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/12/ba2cb7cd47a0b9ad0295398fb3d9e327.jpg)