Indiabulls Real Estate Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 1,081.4 million compared to INR 2,529.3 million a year ago. Revenue was INR 1,329.1 million compared to INR 2,725 million a year ago.

Net loss was INR 3,759.9 million compared to INR 598.1 million a year ago. Basic loss per share from continuing operations was INR 6.94 compared to INR 1.31 a year ago. Diluted loss per share from continuing operations was INR 6.94 compared to INR 1.31 a year ago.