Indiabulls Housing Finance consolidated net profit rises 101.54% in the March 2021 quarter

Sales decline 19.60% to Rs 2371.71 crore

Net profit of Indiabulls Housing Finance rose 101.54% to Rs 276.23 crore in the quarter ended March 2021 as against Rs 137.06 crore during the previous quarter ended March 2020. Sales declined 19.60% to Rs 2371.71 crore in the quarter ended March 2021 as against Rs 2950.04 crore during the previous quarter ended March 2020.

For the full year,net profit declined 45.38% to Rs 1201.59 crore in the year ended March 2021 as against Rs 2199.80 crore during the previous year ended March 2020. Sales declined 24.89% to Rs 9927.42 crore in the year ended March 2021 as against Rs 13216.44 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales2371.712950.04 -20 9927.4213216.44 -25 OPM %81.1076.06 -85.5784.55 - PBDT379.50122.31 210 1658.362668.73 -38 PBT356.8394.38 278 1561.662560.89 -39 NP276.23137.06 102 1201.592199.80 -45

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