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Indiabulls Fin Services Q3 net dips 58%

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Press Trust Of India Mumbai

Indiabulls Financial Services today said its consolidated net profit for the third quarter ended December 31 declined nearly 58 per cent at Rs 68.06 crore over the corresponding period a year ago.

The domestic financial services firm had a consolidated net profit of Rs 161.96 crore in the third quarter last financial year, Indiabulls Financial Services said in a filing to the BSE.

Income from operations rose to Rs 433.61 crore in the quarter under review from Rs 202.44 crore in the last financal year. While, for the nine-month period ended December 31, 2008, Indiabulls registered a consolidated net profit of Rs 348.46 crore.

 

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First Published: Jan 24 2009 | 12:00 AM IST

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