Indiabulls Fin Q1 net up 67% to Rs 220 cr

Indiabulls Financial Services today posted a net profit of Rs 219.5 crore in the first quarter ended June, 2011, up by 67.55% from Rs 131 crore in the corresponding quarter in the previous fiscal year.

Income from operations have increased by 74.65% to Rs 758 crore for the quarter as compared to Rs 434 crore in the same quarter last year.

At am, the shares of the company were trading up 3.01% at Rs 177.75 on the Bombay Stock Exchange.