Indiabulls Financial Services reported a 20.5 per cent increase in net profit at Rs 267 crore for the first quarter ended June 30, compared to the year-ago period.
The company attributed it to the rise in demand for home loans.
Total revenue on a consolidated basis stood at Rs 1,056.4 crore, growing 25.7 per cent over the same period last year. Assets under management stood at Rs 29,398 crore at the end of the quarter, the company said in a statement.
Gross and net NPA stood at 0.8 and 0.33 per cent, respectively.
