Indiabulls Financial services registers 21% growth in Q2 Net profit

Indiabulls Financial Services has registered a consolidated net profit of Rs135.7 crore for the second quarter ended September, a 21.4% growth over the corresponding period year ago.

The company had posted net profit of Rs 111.08 crore in quarter ended September 30, 2007.  

The total revenues rose to Rs 641.5 crore for the quarter under review, from Rs 350.5 crore in the same period last year.

While, total income for the quarter has increased to Rs 475.35 crore for the September quarter this fiscal against Rs 263.71 crore in the corresponding period last fiscal.

Shares of the company gained Rs 9, or 9%, to settle at Rs 107. The total volume of shares traded was 9,48,934 at the BSE. (Monday)

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