Indiabulls Real Estate Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 1,329.99 million compared to INR 3,228.21 million a year ago. Revenue was INR 1,484.71 million compared to INR 3,555.92 million a year ago. Net loss was INR 2,369.77 million compared to INR 872.2 million a year ago. Basic loss per share from continuing operations was INR 4.37 compared to INR 1.92 a year ago. Diluted loss per share from continuing operations was INR 4.37 compared to INR 1.92 a year ago.
For the nine months, sales was INR 4,786.25 million compared to INR 11,918.52 million a year ago. Revenue was INR 5,155.55 million compared to INR 12,688.7 million a year ago. Net loss was INR 2,323.9 million compared to INR 769.22 million a year ago. Basic loss per share from continuing operations was INR 4.32 compared to INR 1.69 a year ago. Diluted loss per share from continuing operations was INR 4.32 compared to INR 1.69 a year ago.