New Delhi, July 24 -- Indiabulls share price jumped more than 3% on Friday, 24 July, after the company reported a sharp surge in earnings for the June quarter (Q1FY27), aided by strong growth in revenue.

The company reported a net profit of Rs.142.99 crore for the quarter ended June 2026, compared with Rs.0.40 crore in the corresponding quarter last year, while revenue from operations soared 248.3% year-on-year to Rs.318.47 crore from Rs.91.44 crore.

In an exchange filing, the company said its board approved a preferential equity issue worth Rs.1,000.07 crore to fund its growth pipeline. The promoters have committed around Rs.709 crore, accounting for nearly 71% of the proposed fund raise. The proceeds will be utilised for land acquisit...