Indiabulls consolidated net up 290%

BS 200 SCORECARD

While net profit of the broking division of Indiabulls rose 113 per cent during the December quarter, the group's consolidated profits, which include profits of the company's real estate and retail finance arms, increased by a whopping 290 per cent.

Subsidiaries, which contributed 68.5 per cent of its revenues in the same quarter last year, increased their contribution to 73 per cent.

The company saw a 235 per cent growth in its operating revenues in the quarter under review.