August 27, 2014 6:28 PM ET

Food and Staples Retailing

Company Overview of Indiabulls Wholesale Services Ltd.

Company Overview

Indiabulls Wholesale Services Limited is engaged in the business of wholesale trading of various industrial/consumer products and commodities in Indian. It focuses on selling various industrial/consumer products and commodities to retailers, small manufacturers, and local shops. The company also constructs and develops real estate projects in Ahmedabad and Hyderabad. It is also engaged in the business of rendering IT consultancy, property maintenance, equipment hiring, and tour and travel services. The company was incorporated in 2007 and is headquartered in Mumbai, India. Indiabulls Wholesale Services Limited is a subsidiary of Indiabulls Real Estate Limited.

Indiabulls House

Indiabulls Finance Centre

Senapati Bapat Marg

Elphinstone Road

Mumbai,  400013

India

Founded in 2007

Phone:

91 22 3049 1400

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., Board Meeting, Aug 22, 2014

Indiabulls Wholesale Services Ltd., Board Meeting, Aug 22, 2014. Agenda: To consider allotment of aggregate of 156,700 equity shares of face value INR 2 each to such employees.

Indiabulls Wholesale Services Ltd. Reports Unaudited Consolidated and Standalone Earnings Results for the First Quarter Ended June 30, 2014

Indiabulls Wholesale Services Ltd. reported unaudited consolidated and standalone earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported net sales/income from operations of INR 694.893 million against INR 626.954 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 107.846 million against INR 169.615 million a year ago. Profit from ordinary activities before tax was INR 105.103 million against INR 176.517 million a year ago. Net profit for the period was INR 104.565 million against INR 149.054 million a year ago. Diluted earnings per share were INR 1.99 against INR 2.91 a year ago. For the quarter on standalone basis, the company reported net sales/income from operations of INR 84.873 million against INR 97.965 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 12.415 million against INR 36.013 million a year ago. Profit from ordinary activities before tax was INR 14.665 million against INR 38.179 million a year ago. Net profit for the period was INR 11.075 million against INR 26.814 million a year ago. Diluted earnings per share were INR 0.22 against INR 0.52 a year ago.

Indiabulls Wholesale Services Ltd. to Report Q1, 2015 Results on Jul 25, 2014

Indiabulls Wholesale Services Ltd. announced that they will report Q1, 2015 results on Jul 25, 2014

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