Vijay Singh
New Delhi [India], November 4: Indiabulls Limited reported a strong financial performance for the second quarter ended September 30, 2026, with consolidated net profit rising 100.7% year-on-year to ₹151.12 crore, compared with ₹75.31 crore in the corresponding quarter of the previous financial year.
The company’s consolidated revenue from operations increased 40.4% to ₹331.84 crore from ₹236.27 crore in Q2 FY26. Total income rose to ₹336.39 crore from ₹256.59 crore, reflecting growth across its business operations.
Profit before tax increased to ₹158.89 crore from ₹103.33 crore in the year-ago quarter. The company also reported a sequential improvement in profitability, with net profit rising from ₹141.02 crore in Q1 FY27.
For the first half of FY27, consolidated net profit stood at ₹292.14 crore, compared with ₹73.50 crore in the corresponding period last year.
The real estate development segment contributed ₹167.60 crore in quarterly revenue, while financing and investing activities generated ₹124.62 crore. Broking operations contributed another ₹33.40 crore.
Indiabulls also strengthened its capital position during the quarter, receiving approximately ₹250 crore through a preferential warrant allotment. Its real estate portfolio reached a gross development value of ₹27,308 crore.
Additionally, the Reserve Bank of India granted the company registration as a Core Investment Company in October 2026.
