Indiabulls Housing Finance Q3 net rises 55%

Mumbai Jan 23 (IANS) Indiabulls Housing Finance on Tuesday reported a rise of 55 per cent in its consolidated net profit to Rs 1 167.73 crore during the third quarter (Q3) ended on December 31.

According to the company its net profit for the quarter under review stood at Rs 1 167.73 crore -- up 55.39 per cent -- from Rs 751.49 crore during the corresponding period of the previous fiscal.

In a regulatory filing to the BSE the company said its Q3 total revenue edged higher by 36.65 per cent to Rs 4 105.66 crore from Rs 3 004.47 crore reported during a year ago period.

The company declared an interim dividend of Rs 14 per equity share for the financial year 2017-18 the BSE filing said.

On Tuesday the shares of the company closed higher by 1.86 per cent at Rs 1 379.40 per share on the BSE.

--IANS
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