Indiabulls Housing Finance has reported results for fourth quarter and year ended March 31, 2022.
The company has reported a fall of 48.45% in its net profit at Rs 209.11 crore for the quarter under review as compared to Rs 405.67 crore for the same quarter in the previous year. Total income of the company decreased by 16.63% at Rs 1785.45 crore for Q4FY22 as compared Rs 2141.58 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported rise of 11.05% in its net profit at Rs 306.75 crore for the quarter under review as compared to Rs 276.23 crore for the same quarter in the previous year. However, total income of the company decreased by 9.53% at Rs 2191.13 crore for Q4FY22 as compared Rs 2421.96 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported 34.23% fall in its net profit at Rs 696.11 crore as compared to Rs 1058.46 crore for the previous year. Total income of the company decreased by 11.14% at Rs 7777.70 crore for year under review as compared to Rs 8752.79 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported 1.98% fall in its net profit at Rs 1177.74 crore as compared to Rs 1201.59 crore for the previous year. Total income of the company decreased by 10.33% at Rs 8993.90 crore for year under review as compared to Rs 10030.12 crore for year ended March 31, 2021.
