Indiabulls Housing Finance Q1 net dips 4.4% to `351 cr
24 July 2013 10:43 PM GMT
Indiabulls Housing Finance on Tuesday reported a 4.4 per cent fall in consolidated net profit to Rs 351.49 crore in the first quarter ended 30 June, 2013. Its net profit for the same period a year ago stood at Rs 367.58 crore.
The total income of the company during the quarter under review was at Rs 1,312.38 crore, down from Rs 1,323.43 crore in the corresponding quarter of previous fiscal.
On a standalone basis, Indiabulls Housing’s net profit fell by 6.7 per cent to Rs 326.86 crore in the first quarter from Rs 360.96 crore year ago.The company’s sales turnover during the quarter under review stood at Rs 1,261.03 crore, much lower than the figure of Rs 1,305.26 crore
reported a year ago.
Indiabulls Housing Finance has declared an interim dividend of Rs 6 per equity share for the current financial year.Also, the equity shares of Indiabulls Housing Finance were listed and admitted to dealings on the exchange in the list of ‘T’ Group Securities.The shares of the company on Tuesday rose to a 52-week high of Rs 283.50 apiece on the Bombay Stock Exchange (BSE) and finally closed at Rs 283.40 per share.
The total income of the company during the quarter under review was at Rs 1,312.38 crore, down from Rs 1,323.43 crore in the corresponding quarter of previous fiscal.
On a standalone basis, Indiabulls Housing’s net profit fell by 6.7 per cent to Rs 326.86 crore in the first quarter from Rs 360.96 crore year ago.The company’s sales turnover during the quarter under review stood at Rs 1,261.03 crore, much lower than the figure of Rs 1,305.26 crore
reported a year ago.
Indiabulls Housing Finance has declared an interim dividend of Rs 6 per equity share for the current financial year.Also, the equity shares of Indiabulls Housing Finance were listed and admitted to dealings on the exchange in the list of ‘T’ Group Securities.The shares of the company on Tuesday rose to a 52-week high of Rs 283.50 apiece on the Bombay Stock Exchange (BSE) and finally closed at Rs 283.40 per share.
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