Indiabulls Securities has reported results for fourth quarter and year ended March 31, 2012.
On the standalone basis, the company has reported net profit of Rs 10.56 crore for the quarter and year ended March 31, 2012, against net loss of Rs 5.00 crore for the corresponding period last fiscal. However total income decreased by 29.33% at Rs 34.82crore during the quarter under review from Rs 49.27 crore in the year-ago period.
On the consolidated basis the company has reported net profit of Rs 9.40 crore for the quarter and year ended March 31, 2012, against net loss of Rs 4.63 crore for the corresponding period last fiscal. However total income decreased by 15.77% at Rs 45.09 crore during the quarter under review from Rs 53.53 crore in the year-ago period.
