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India

Indiabulls Real Estate Ltd (INRL.NS)

INRL.NS on National Stock Exchange of India

241.90INR
9:21am IST
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Tue, Jan 23 2018

BRIEF-Indiabulls Real Estate Dec-Qtr Profit Rises

* DEC QUARTER NET PROFIT 853.5 MILLION RUPEES VERSUS 585.3 MILLION RUPEES YEAR AGO

BRIEF-Indiabulls Real Estate Sept-qtr consol profit falls

* Sept quarter consol net profit 1.08 billion rupees versus profit of 1.42 billion rupees last year

Fitch: Indiabulls Real Estate's IPIT Offer Highlights Limited Rating Headroom

(The following statement was released by the rating agency) SINGAPORE/MUMBAI, October 13 (Fitch) India-based property developer Indiabulls Real Estate Limited's (IBREL, B+/Stable) plan to acquire the 45% of Indiabulls Properties Investment Trust (IPIT) that it does not own may put upward pressure on leverage, which is already high for its rating, says Fitch Ratings. On 11 October 2017, IBREL announced a cash offer to acquire the 45% of stake in IPIT that it does not own for nearly SGD305 million

Fitch Affirms Indiabulls Real Estate at 'B+'; Outlook Stable

(The following statement was released by the rating agency) SINGAPORE/MUMBAI, October 10 (Fitch) Fitch Ratings has affirmed property developer Indiabulls Real Estate Limited's (IBREL) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B+'. The Outlook is Stable. The agency also affirmed the rating on Century Limited's USD175 million 10.25% senior notes due 2019 at 'B+ ' and Recovery Rating of 'RR4'. Century Limited is a Jersey-based subsidiary of IBREL. IBREL's rating reflects its positi

BRIEF-Indiabulls Real Estate June-qtr consol net profit up about 29 pct

* June quarter consol net profit 1.53 billion rupees versus profit of 1.18 billion rupees last year

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