March 02, 2015 10:23 PM ET

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Company Overview of Indiabulls Wholesale Services Ltd.

Company Overview

Indiabulls Wholesale Services Limited, together with its subsidiaries, engages in wholesale trading of various industrial/consumer products and commodities in India. The company operates through Trading, Real Estate Project Under Development, Information Technology Solutions, Facility Maintenance and Other Related Activities, and Equipment Hiring Services segments. It focuses on selling various industrial/consumer products and commodities to retailers, small manufacturers, and local shops. The company also provides financial services, as well as engages in retail business. In addition, it is involved in developing real estate projects in Ahmadabad and Hyderabad; and rendering IT consultancy,...

Indiabulls House 448-451

Udyog Vihar

Phase V

Gurgaon,  122016

India

Founded in 2007

Key Executives for Indiabulls Wholesale Services Ltd.

Indiabulls Wholesale Services Ltd. does not have any Key Executives recorded.

Indiabulls Wholesale Services Ltd. Key Developments

Indiabulls Wholesale Services Ltd. Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014

Indiabulls Wholesale Services Ltd. reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, on a consolidated basis, the company reported net sales/income from operations of INR 486.135 million compared to INR 739.580 million a year ago. Profit from operations, before other income, finance costs and exceptional items was INR 55.108 million compared to INR 78.413 million a year ago. Profit from ordinary activities before tax was INR 39.161 million compared to INR 73.684 million a year ago. Net profit for the period was INR 40.448 compared to INR 72.583 million a year ago. Diluted earnings per share before and after extraordinary items was INR 0.798 compared to INR 1.389 a year ago. For the nine months, on a consolidated basis, the company reported net sales/income from operations of INR 1,566.686 million compared to INR 2,043.454 million a year ago. Profit from operations, before other income, finance costs and exceptional items was INR 217.613 million compared to INR 332.161 million a year ago. Profit from ordinary activities before tax was INR 190.626 million compared to INR 374.123 million a year ago. Net profit for the period was INR 154.611 compared to INR 337.229 million a year ago. Diluted earnings per share before and after extraordinary items was INR 2.990 compared to INR 6.536 a year ago. For the quarter, on a standalone basis, the company reported net sales/income from operations of INR 101.232 million compared to INR 142.200 million a year ago. Loss from operations, before other income, finance costs and exceptional items was INR 4.960 million compared to profit from operations, before other income, finance costs and exceptional items of INR 15.051 million a year ago. Profit from ordinary activities before tax was INR 0.531 million compared to INR 15.765 million a year ago. Net profit for the period was INR 0.169 compared to INR 11.115 million a year ago. Diluted earnings per share before and after extraordinary items was INR 0.003 compared to INR 0.216 a year ago. For the nine months, on a standalone basis, the company reported net sales/income from operations of INR 266.670 million compared to INR 305.456 million a year ago. Profit from operations, before other income, finance costs and exceptional items was INR 20.675 million compared to profit from operations, before other income, finance costs and exceptional items of INR 50.687 million a year ago. Profit from ordinary activities before tax was INR 172.416 million compared to INR 60.340 million a year ago. Net profit for the period was INR 131.699 compared to INR 42.961 million a year ago. Diluted earnings per share before and after extraordinary items was INR 2.570 compared to INR 0.837 a year ago.

Indiabulls Wholesale Services Ltd. to Report Q3, 2015 Results on Jan 30, 2015

Indiabulls Wholesale Services Ltd. announced that they will report Q3, 2015 results on Jan 30, 2015

Indiabulls Wholesale Services Ltd., Board Meeting, Jan 30, 2015

Indiabulls Wholesale Services Ltd., Board Meeting, Jan 30, 2015. Agenda: To consider and approve the un-audited financial results of the company for the quarter ended December 31, 2014.

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