Indiabulls Enterprises Limited — Board Meeting, 26-04-2025: Outcome of Board Meeting
26-04-2025 | 02:38 pm
26-04-2025 | 02:38 pm
The Board of Directors of Indiabulls Enterprises Limited has concluded its meeting, approving the audited standalone and consolidated financial results for the quarter and year ending March 31, 2025. The consolidated revenue from operations was reported at ₹58.67 crore, with a net loss after tax from continuing operations amounting to ₹137.49 crore. The board also discussed the ongoing amalgamation scheme with Dhani Services Limited, aiming to streamline operations and enhance resource management, pending necessary approvals. These outcomes indicate a strategic pivot towards consolidation in the face of financial performance challenges.
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