 "Indiabulls Housing Finance Q3 net down 7.9% YoY to Rs 303 cr")
Indiabulls Housing Finance Ltd’s (IHFL) consolidated net profit fell by 7.9 per cent year on year (YoY) to Rs 303 crore in third quarter ended December 2021 (Q3FY22) from Rs 329 crore a year ago (Q3FY21).
Sequentially, however, consolidated net profit rose by 5.94 per cent from Rs 286 crore in the second quarter ended September 2021 (Q2FY22).
Its capital adequacy ratio (CAR) stood at 31.2 per cent with tier I of 25.7 per cent at the end of December 2021. Its stock closed 4.7 per cent higher at Rs 206.7 per share on BSE.
IHFL in a statement said
