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This is an archive article published on April 27, 2012

Indiabulls Financial Q4 net profit up 24.3%

Indiabulls Financial Services today reported 24.3 per cent growth in net profit at Rs 303 crore for the quarter ended March 31,2012.

Indiabulls Financial Services today reported 24.3 per cent growth in net profit at Rs 303 crore for the quarter ended March 31,2012.

The company had reported a net profit of Rs 243.75 crore in the corresponding quarter last fiscal.

Its revenue for the January-March quarter rose by 45.4 per cent at Rs 1,108.63 crore. The full year revenue jumped by 52.9 per cent to Rs 3,781.88 crore,it said in a filing to the BSE.

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For the full year (2011-12),the non-banking financial company’s profit increased by 32.57 per cent to Rs 1,006.37 crore.

Shares of the company closed at Rs 234 apiece on BSE,up 4.39 per cent.

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