Indiabulls Housing Finance net rises 21% to Rs 368 crore

Company's total revenue grew by 19% to Rs 1,334 crore in the same period

Krishna Pophale Mumbai
Last Updated : Apr 23 2013 | 7:01 PM IST
Indiabulls Housing Finance today reported net profit of Rs 368 crore in the fourth quarter of 2012-13 rising 21% year on year (y-o-y).

Company’s total revenue grew by 19% to Rs 1,334 crore in the same period.

Company’s loanbook grew 25% to Rs 34,425 crore y-o-y. 

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Company reported gross non-performing assets at 0.79% and net NPAs at 0.33%.  Capital adequacy ratio was 18.47% at the year end.  

Company will open branches in London and Dubai for the benefit of NRI home seekers it said in a statement.   

For the whole year company’s net profit stood at Rs 1,266 crore rising 26%.

Company declared dividend of Rs 6.5 per share and has already paid interim dividend of Rs 13.5 per share taking total dividend for 2012-13 at Rs 20.
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First Published: Apr 23 2013 | 6:58 PM IST

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