The net profit of Indiabulls Securities has declined 33.72 per cent at Rs 37.60 for the quarter ended September 30, 2008, as against Rs 56.58 crore for the corresponding quarter last year.
The company’s total income for the quarter fell over 12 per cent to Rs 114.94 crore compared with Rs 131.58 crore during July-September 2007. During the second quarter, the company’s income from operations was 21.5 per cent lower at Rs 98.90 crore.
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