Indiabulls Securities has reported results for third quarter ended December 31, 2013.
The company has reported 84.27% rise in its net profit at Rs 24.01 crore for the quarter as compared to Rs 13.03 crore for the same quarter in the previous year. However, total income from operations of the company has decreased by 42.20% at Rs 18.00 crore for quarter under review as compared to Rs 31.14 crore for the quarter ended December 31, 2012.
On the consolidated basis, the group has reported 52.99% rise in its Net Profit from Ordinary Activities after tax, Share of Profit of Associates (net) and Minority Interest at Rs 27.60 crore for the quarter as compared to Rs 18.04 crore for the same quarter in the previous year. Total income from operations of the company has increased by 29.71% at Rs 78.54 crore for quarter under review as compared to Rs 60.55 crore for the quarter ended December 31, 2012.
