 "Indiabulls Housing Finance Q1 net rises 23% to Rs 630 crore")
Indiabulls Housing Finance on Monday reported 23.2% growth in consolidated net profit at Rs 630 crore for the quarter ended June 30.
The firm had a net profit after taxes, minority interest and share of profit of associates at Rs 511.27 crore in the April-June quarter of 2015-16.
Total income increased to Rs 2,371.98 crore for the June quarter, from Rs 2,024.93 crore in last financial year, the company said in a regulatory filing on stock exchanges.
Meanwhile, the company has declared an interim dividend of Rs 9 per equity share of the face value of Rs 2 per share for the ongoing financial year.
The stock of Indiabulls Housing Finance was trading at 744.85.