Equinox India Developments Limited (Indiabulls Real Estate Ltd ) and Embassy Group Scheme of Amalgamation

Hi ,
On the latest results , was wondering why the co. has been making losses and sales going down in a real estate upcycle. I understand the co. is looked at more as Embassy now than IBREL and so not much emphasis on the results. But stll is there any specific reason why IBREL can’t focus on growing sales and profitability. Would be great if the learned members can shed some light on the same.

Disc: Invested

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