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Indiabulls Securities FY10 net profit at Rs 67cr

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Press Trust of India Mumbai

Domestic brokerage firm Indiabulls Securities today reported a consolidated net profit of Rs 67.47 crore for the year ended March 31, 2010.

The company had a net loss of Rs 13 crore in the previous fiscal, Indiabulls Securities said in a filing to the Bombay Stock Exchange.

Total income of the company fell to Rs 352.24 crore for the year ended March 31, from Rs 396.19 crore in the same period previous fiscal.

On a standalone basis, the company has posted a net profit of Rs 61.21 crore for the year ended March 2009-10, while it had a net loss of Rs 12.88 crore in the same period corresponding fiscal.
    
The board of directors of the company has proposed a dividend of Rs 2 per share on the face value of Rs 2 per share for the financial year ended March 31, 2010.
    
Shares of Indiabulls Securities were trading at Rs 32.45 on BSE, up 2.20 per cent from previous close.

 

 

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First Published: Apr 26 2010 | 12:32 PM IST

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