Indiabulls Housing Finance Q1 net rises 23% to Rs 630 cr

By: | Published: July 25, 2016 3:34 PM

Indiabulls Housing Finance today reported 23.2 per cent growth in consolidated net profit at Rs 630 crore for the quarter ended June 30.

The firm had a net profit after taxes, minority interest and share of profit of associates at Rs 511.27 crore in the April-June quarter of 2015-16. (PTI)The firm had a net profit after taxes, minority interest and share of profit of associates at Rs 511.27 crore in the April-June quarter of 2015-16. (PTI)

Indiabulls Housing Finance today reported 23.2 per cent growth in consolidated net profit at Rs 630 crore for the quarter ended June 30.

The firm had a net profit after taxes, minority interest and share of profit of associates at Rs 511.27 crore in the April-June quarter of 2015-16.

Total income increased to Rs 2,371.98 crore for the June quarter, from Rs 2,024.93 crore in last fiscal, the company said in a regulatory filing on stock exchanges.

Meanwhile, the company has declared an interim dividend of Rs 9 per equity share of the face value of Rs 2 per share for the ongoing financial year.

The stock of Indiabulls Housing Finance was trading at 744.85, 1.33 per cent from the previous close.

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