Indiabulls Q1 net zooms to Rs 41cr

Indiabulls Financial Services today reported a net profit of Rs 40.93 crore for the first quarter ended June 30, 2005 when compared with Rs 5.54 crore in Q1FY05.

Total revenue during the reporting fiscal increased to Rs 98.63 crore from Rs 23.13 crore in Q1FY05, the company said in a release issued today.