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Indiabulls Fin Services Q3 net dips 58%
Press Trust Of India / Mumbai Jan 24, 2009, 00:30 IST

Indiabulls Financial Services today said its consolidated net profit for the third quarter ended December 31 declined nearly 58 per cent at Rs 68.06 crore over the corresponding period a year ago.

The domestic financial services firm had a consolidated net profit of Rs 161.96 crore in the third quarter last financial year, Indiabulls Financial Services said in a filing to the BSE.

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Income from operations rose to Rs 433.61 crore in the quarter under review from Rs 202.44 crore in the last financal year. While, for the nine-month period ended December 31, 2008, Indiabulls registered a consolidated net profit of Rs 348.46 crore.

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