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Indiabulls Commercial Credit standalone net profit rises 49.40% in the December 2023 quarter

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Sales decline 9.61% to Rs 442.65 crore

Net profit of Indiabulls Commercial Credit rose 49.40% to Rs 96.42 crore in the quarter ended December 2023 as against Rs 64.54 crore during the previous quarter ended December 2022. Sales declined 9.61% to Rs 442.65 crore in the quarter ended December 2023 as against Rs 489.69 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales442.65489.69 -10 OPM %72.3861.86 -PBDT128.0991.83 39 PBT127.7591.43 40 NP96.4264.54 49

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First Published: Feb 14 2024 | 3:49 PM IST

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