Indiabulls Enterprises Ltd
📉 Indiabulls Enterprises Q1 FY2025 Results: Revenue Dips, Losses Widen Amid Restructuring
- Revenue from operations (consolidated) fell to ₹13.16 Cr (vs ₹14.88 Cr YoY)
- Total expenses rose to ₹21.30 Cr (vs ₹18.52 Cr YoY)
- Consolidated net loss at ₹5.73 Cr; standalone loss at ₹3.08 Cr
- Amalgamation with Dhani Services pending NCLT approval (next hearing: Aug 7, 2025)
- Riyaz Javed Khan appointed as Executive Director for 5 years from July 25, 2025
- Vijay Kumar Agrawal resigned as Executive Director (personal reasons)
- Sukesh & Co. recommended as Secretarial Auditor for FY2025-28