Indiabulls Financial Services has posted a 4.14 per cent decline in net profit at Rs 146.82 crore for the quarter ended June 2008 of the current financial year (2008-2009) as compared to Rs 153.17 crore posted in the corresponding quarter last year.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>Total income of the company has however increased 27.5 per cent from Rs 442.83 crore posted in the first quarter of previous financial year to Rs 564.61 crore posted in the quarter ended June 2008.</P>
</p><p class='TableClas'>Earlier this month, the company was directed by the Forward Markets Commission, the regulator for commodity futures trading, to reduce its stake in the International Commodity Exchange, the fourth national multi-commodity exchange, within a month.</P>
</p><p class='TableClas'>Indiabulls is a major player in the financial services sector and offers products and services in securities, consumer finance, mortgage and real estate.</P></p><p class='TableClas'></p></table>


Indiabulls Q1 net down 4 per cent at Rs 146.82 cr

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