Indiabulls net profit up at Rs 179.01 crore

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Indiabulls net profit up at Rs 179.01 crore
Indiabulls Financial Services Ltd has announced the following results for the quarter ended December 31, 2011:

The Unaudited results for the Quarter ended December 31, 2011

The Company has posted a net profit of Rs. 1790.105 million for the quarter ended December 31, 2011 as compared to Rs. 1739.822 million for the quarter ended December 31, 2010.

Total Income has increased from Rs. 5754.144 million for the quarter ended December 31, 2010 to Rs. 7455.903 million for the quarter ended December 31, 2011.

The Consolidated Results are as follows:

The Unaudited consolidated results for the Quarter ended December 31, 2011

The Group has posted a net profit after tax and minority interest of Rs. 2474.093 million for the quarter ended December 31, 2011 as compared to Rs. 2025.437 million for the quarter ended December 31, 2010.

Total Income has increased from Rs. 6850.511 million for the quarter ended December 31, 2010 to Rs. 9718.328 million for the quarter ended December 31, 2011.

However, on Monday the shares of the company closed lower at Rs180.60 down by 2.80 points or 1.53%.

Read more about: indiabulls, bse, results
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