Indiabulls Securities net profit rises 3.41% in the March 2014 quarter

Sales decline 20.36% to Rs 14.04 crore

Net profit of Indiabulls Securities rose 3.41% to Rs 24.28 crore in the quarter ended March 2014 as against Rs 23.48 crore during the previous quarter ended March 2013. Sales declined 20.36% to Rs 14.04 crore in the quarter ended March 2014 as against Rs 17.63 crore during the previous quarter ended March 2013.

For the full year,net profit rose 56.27% to Rs 87.26 crore in the year ended March 2014 as against Rs 55.84 crore during the previous year ended March 2013. Sales declined 33.04% to Rs 57.07 crore in the year ended March 2014 as against Rs 85.23 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales14.0417.63 -20 57.0785.23 -33 OPM %68.8712.14 -60.7347.15 - PBDT30.184.61 555 106.8756.91 88 PBT29.133.22 805 102.2349.26 108 NP24.2823.48 3 87.2655.84 56

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