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Journalism of Courage
Indiabulls Financial Services today reported 24.3 per cent growth in net profit at Rs 303 crore for the quarter ended March 31,2012.
The company had reported a net profit of Rs 243.75 crore in the corresponding quarter last fiscal.
Its revenue for the January-March quarter rose by 45.4 per cent at Rs 1,108.63 crore. The full year revenue jumped by 52.9 per cent to Rs 3,781.88 crore,it said in a filing to the BSE.
For the full year (2011-12),the non-banking financial company’s profit increased by 32.57 per cent to Rs 1,006.37 crore.
Shares of the company closed at Rs 234 apiece on BSE,up 4.39 per cent.
