Indiabulls Financial Services on Monday reported an 82.7 per cent growth in net profit to Rs 131.49 crore in the quarter ended June, as compared to Rs 71.9 crore in the corresponding period of the previous year.
On a consolidated basis, total income grew 18.9 per cent to Rs 471 crore from Rs 395.9 crore during the year-ago period.
On a standalone basis, the company posted a net profit of Rs 128.24 crore compared to Rs 61.17 crore in the June quarter of the previous year.
The total income increased 19.4 per cent to Rs 413.53 crore from Rs 346.19 crore.
The company’s stock rose 0.47 per cent on the Bombay Stock Exchange to close at Rs 160.05.