Indiabulls Enterprises Limited — Important, 05-08-2025: Updates
05-08-2025 | 06:02 pm
05-08-2025 | 06:02 pm
Indiabulls Enterprises (IEL) reported a consolidated net loss of ₹5.80 Cr for the recent quarter from continuing operations, on revenue of ₹13.16 Cr. While a wider loss year-over-year, this is a significant improvement from the prior quarter's reported loss. A major ongoing development is the proposed amalgamation of IEL and Dhani Services into Yaari Digital Integrated Services. Shareholders and creditors have approved the scheme, and NCLT hearings are underway, aiming to simplify the holding structure and pool resources. Notably, the Real Estate segment recorded a ₹4.82 Cr loss despite no revenue.
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