Business Standard

Indiabulls Housing Q1 profit up 31% at Rs 352 crore

Company's PAT in the corresponding quarter of previous fiscal stood at Rs 267.6 crore

Press Trust of India New Delhi
Indiabulls Housing Finance said its profit after tax (PAT) in the first quarter ended June 30, 2013 stood at Rs 351.5 crore, up 31.4% from the year- ago period.
 
Company's PAT in the corresponding quarter of previous fiscal stood at Rs 267.6 crore.
 
Total income of the company rose by 27.95% to Rs 1,344 crore, up from Rs 1,050.40 crore a year earlier.
 
The shares of the company today touched a new high of Rs 285 apiece on the BSE. However, they closed at Rs 269.25 apiece, down 4.99% from the previous close. 

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First Published: Jul 24 2013 | 7:49 PM IST

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