Indiabulls Enterprises Limited has informed the Exchange regarding 'NSE email dated July 28, 2025 on Machine Readable Form / Legible copy ofUnaudited Financial Results of Indiabulls Enterprises Limited ( the Company ),for the quarter ended June 30, 2025'.
Awaiting price reaction for this filing.
Indiabulls Enterprises Limited has resubmitted its unaudited financial results for the quarter ended June 30, 2025 in machine-readable format at NSE's request, with no change from the originally filed results dated July 25, 2025. On a consolidated basis, revenue from operations stood at Rs 13.16 crore with a net loss of Rs 5.73 crore (EPS of Rs -0.29), while on a standalone basis the company reported revenue of Rs 10.68 crore and a net loss of Rs 3.08 crore. Segment-wise, equipment renting services earned Rs 10.68 crore in revenue, financing activities contributed Rs 3.61 crore, while real estate development recorded nil revenue and a Rs 4.81 crore loss, dragging overall profitability. The auditor (Agarwal Prakash & Co.) issued an unmodified review report stating nothing came to their attention suggesting any material misstatement. The ongoing Scheme of Amalgamation merging Indiabulls Enterprises with Dhani Services Limited and certain subsidiaries into Yatra Digital Integrated Services Limited is still pending NCLT approval, with the next hearing scheduled for August 7, 2025.
The company continues to report losses with no improvement in its real estate segment, which remains the main drag on profitability. Shareholders should note that the proposed amalgamation with Dhani Services/Yatra Digital could materially reshape the company, but NCLT approval is still pending, making the near-term outlook uncertain.