Indiabulls Real Estate Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 210.2 million compared to INR 1,081.4 million a year ago. Revenue was INR 395.4 million compared to INR 1,329.1 million a year ago. Net loss was INR 3,020.2 million compared to INR 3,759.9 million a year ago. Basic loss per share from continuing operations was INR 5.58 compared to INR 6.94 a year ago. Diluted loss per share from continuing operations was INR 5.58 compared to INR 6.94 a year ago.
For the full year, sales was INR 4,138 million compared to INR 5,867.7 million a year ago. Revenue was INR 4,687.5 million compared to INR 6,484.7 million a year ago. Net loss was INR 10,386.5 million compared to INR 6,083.8 million a year ago. Basic loss per share from continuing operations was INR 19.2 compared to INR 11.29 a year ago. Diluted loss per share from continuing operations was INR 19.2 compared to INR 11.29 a year ago.