Indiabulls Housing Finance standalone net profit rises 28.02% in the March 2017 quarter

Sales rise 23.76% to Rs 2812.49 crore

Net profit of Indiabulls Housing Finance rose 28.02% to Rs 821.70 crore in the quarter ended March 2017 as against Rs 641.84 crore during the previous quarter ended March 2016. Sales rose 23.76% to Rs 2812.49 crore in the quarter ended March 2017 as against Rs 2272.60 crore during the previous quarter ended March 2016.

For the full year,net profit rose 23.90% to Rs 2842.38 crore in the year ended March 2017 as against Rs 2294.12 crore during the previous year ended March 2016. Sales rose 26.46% to Rs 10031.71 crore in the year ended March 2017 as against Rs 7932.93 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2812.492272.60 24 10031.717932.93 26 OPM %84.5785.49 -87.0388.32 - PBDT956.36844.98 13 3701.493072.59 20 PBT950.62839.94 13 3680.783053.22 21 NP821.70641.84 28 2842.382294.12 24

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