Indiabulls Housing Finance Q2 net up 24 pc at Rs 851 cr

Mortgage player Indiabulls Housing Finance today reported a 24.18 per cent increase in consolidated net profit at Rs 851.95 crore for the second quarter ended September 30.
The company had reported a net profit of Rs 686.06 crore in the July-September quarter of the previous fiscal.
Its total revenue for the quarter under review rose to Rs 3,342.48 crore, up 16.26 per cent, from Rs 2,874.94 crore in the corresponding quarter a year ago, the company said in a BSE filing.
In a separate filing, the company said its Board has declared an interim dividend of Rs 9 per equity share for the financial year 2017-18.

The company's scrip settled 1.43 per cent lower at Rs 1,342.90 apiece on BSE today.