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 Rs.151.12 crore , compared with Rs.75.31 crore in the corresponding quarter of the previous financial year.
The company's consolidated revenue from operations increased 40.4% to Rs.331.84 crore from Rs.236.27 crore in Q2 FY26. Total income rose to Rs.336.39 crore from Rs.256.59 crore, reflecting growth across its business operations.
Profit before tax increased to Rs.158.89 crore from Rs.103.33 crore in the year-ago quarter. The company also reported a sequential improvement in profitability, with net profit rising from Rs.141.02 crore in Q1 FY27 .
For the first half of FY27 , consolidated net profit stood at Rs.292.14 crore , compared with Rs.73.50 crore in the corresponding period last year.
The real estate development segment contributed Rs.167.60 crore in quarterly revenue, while financing and investing activities generated Rs.124.62 crore . Broking operations contributed another Rs.33.40 crore .
Indiabulls also strengthened its capital position during the quarter, receiving approximately Rs.250 crore through a preferential warrant allotment . Its real estate portfolio reached a gross development value of Rs.27,308 crore .
Additionally, the Reserve Bank of India granted the company registration as a Core Investment Company in October 2026 .
Published by HT Digital Content Services with permission from PNN.