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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.
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.
