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Indiabulls Financial reports 31% rise in Q3 consolidated net profit

22 Jan 2013 Evaluate

Indiabulls Financial Services has reported results for third quarter ended December 31, 2012.

The company has reported 28.42% rise in its net profit at Rs 229.88 crore for the quarter as compared to Rs 179.01 crore for the same quarter in the previous year. Total income of the company has increased by 10.25% at Rs 822.04 crore for quarter under review as compared to Rs 745.59 crore for the quarter ended December 31, 2011.

On the consolidated basis, the company has reported 30.78% rise in its net profit at Rs 323.55 crore for the quarter as compared to Rs 247.40 crore for the same quarter in the previous year. Total income of the company has increased by 25.60% at Rs 1220.58 crore for quarter under review as compared to Rs 971.80 crore for the quarter ended December 31, 2011.

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