Indiabulls Fin net up 28% to Rs 149 cr
Indiabulls Financial Services, one of the leading NBFCs, posted a net profit of 28 per cent at Rs 148.9 crore in the first quarter of FY08-09 compared to Rs 115.6 crore in FY08. The consolidated total revenue increased 74.4 per cent to Rs 564.6 crore compared to Rs 323.7 crore in the corresponding quarter last financial year.
Emkay net declines 70% to Rs 1.56 cr
Brokerage house Emkay Global Financial Services’ net profit declined 70 per cent to Rs 1.56 crore in the first quarter of FY09 compared to Rs 5.34 crore in the year ago period. The firm’s consolidated revenues, however, increased by 29 percent to Rs 30.78 crore this quarter from Rs 23.82 crore y-o-y.
JM Financial net down 4.2%
JM Financial’s net profit dipped by 4.22 per cent to Rs 18.34 crore compared to Rs 19.15 crore y-o-y. The Nimesh Kampani-controlled securities and investment banking firm said its total income increased by 3.18 per cent to Rs 129.82 crore in first quarter of FY09.