Indiabulls Real Estate Limited announced unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, net sales/income from operation was INR 2,912.1 million against INR 7,074.4 million a year ago. Profit from operation before other income, finance costs and exceptional items was INR 108.8 million against INR 2,257.6 million a year ago. Profit from ordinary activities before tax was INR 633.7 million against INR 1,299.5 million a year ago. Net profit was INR 409.0 million or INR 1.26 per basic and diluted share against INR 838.8 million or INR 1.61 per diluted share a year ago. EBITDA (Excluding Non-Operating Income) was INR 290.4 million against INR 2,431.4 million a year ago. EBITDA was INR 2,217 million against INR 2,674 million a year ago. For the nine months, net sales/income from operation was INR 17,610.6 million against INR 22,356.0 million a year ago. Profit from operation before other income, finance costs and exceptional items was INR 4,508.1 million against INR 6,453.2 million a year ago. Profit from ordinary activities before tax was INR 4,408.0 million against INR 3,740.1 million a year ago. Net profit was INR 2,944.4 million or INR 6.79 per diluted share against INR 2,595.7 million or INR 5.65 per diluted share a year ago. EBITDA (Excluding Non-Operating Income) was INR 5,031.1 million against INR 6,978.6 million a year ago. EBITDA was INR 9,189 million against INR 8,090 million a year ago. Operating cash flows was INR 1,211.8 million against INR 9,140.4 million a year ago.