Indiabulls Financial Services Q4 net up 24% at Rs 303 cr

Revenue for January-March quarter jumps 45% at Rs 1,109 cr

Indiabulls Financial Services today reported 24.3% growth in net profit at Rs 303 crore for the quarter ended March 31, 2012.

The company had reported a net profit of Rs 243.75 crore in the corresponding quarter last fiscal.

Its revenue for the January-March quarter rose by 45.4% at Rs 1,108.63 crore. The full year revenue jumped by 52.9% to Rs 3,781.88 crore, it said in a filing to the Bombay Stock Exchange (BSE).

For the full year (2011-12), the non-banking financial company's profit increased by 32.57% to Rs 1,006.37 crore.

Shares of the company closed at Rs 234 apiece on the BSE, up 4.39%.