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Indiabulls Housing Finance consolidated net profit rises 24.43% in the March 2017 quarter

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Capital Market

Sales rise 22.10% to Rs 2931.40 crore

Net profit of Indiabulls Housing Finance rose 24.43% to Rs 840.53 crore in the quarter ended March 2017 as against Rs 675.50 crore during the previous quarter ended March 2016. Sales rose 22.10% to Rs 2931.40 crore in the quarter ended March 2017 as against Rs 2400.87 crore during the previous quarter ended March 2016.

For the full year,net profit rose 23.95% to Rs 2906.39 crore in the year ended March 2017 as against Rs 2344.73 crore during the previous year ended March 2016. Sales rose 25.44% to Rs 10399.04 crore in the year ended March 2017 as against Rs 8289.93 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2931.402400.87 22 10399.048289.93 25 OPM %82.6383.74 -85.6186.67 - PBDT976.55895.10 9 3794.933149.23 21 PBT969.79889.79 9 3771.803128.87 21 NP840.53675.50 24 2906.392344.73 24

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First Published: Apr 25 2017 | 10:49 AM IST

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