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Indiabulls Housing Finance Limited [IBHFL] Q3 FY15 Net Profit up by 21% to Rs. 478.1 Crore | |||||||||||||||||||||||||||||||||||||||||||||||||||
Mumbai, Maharashtra, India
Highlights Q3 FY 2015
Highlights 9 Months FY 2015
The Board of Directors of Indiabulls Housing Finance Ltd (IBHFL), India’s second largest private housing finance company, announced its unaudited results for the third quarter ended December 31, 2014. For Q3 FY15, dividend of Rs. 9/- per share of face value Rs. 2/- has been declared. With this, total dividend for 9MFY15 would be Rs. 26/- per share of face value of Rs. 2/- . Key Financials:
Key Ratios:
Performance Highlights for the Quarter ended December 31, 2014 are:
Performance Highlights for the 9-month period ended December 31, 2014 are:
IBHFL continues to focus on home loans of less than Rs.50 lakhs, which is the largest business segment for the company. Gagan Banga, Vice Chairman & MD, IBHFL commented “This calendar year we would complete 15 years of operations. Another important milestone that indicates the distance we have come is our crossing Rs. 1 lakh crore of disbursals since the commencement of operations. Our focus on affordable housing has indeed paid off and has enabled us to consistently deliver on all key parameters for the past 5 years. We are now headed in a big and busy fourth quarter and remain optimistic in being able to meet our guidance in line with the first nine months of the financial year.”
About Indiabulls Housing Finance: www.indiabullshomeloans.com IBHFL is India’s 2nd largest Housing Finance Company in the private sector with a balance sheet size of Rs. 49,536 crore. It has a network of 214 branches, and a sales team of about 2,000 dedicated and trained employees. It provides quick, convenient and competitively priced home loans to both salaried and self-employed customers. For the fiscal year ending March 2014, the company reported PAT of Rs.1,568.5 crore. IBHFL is AAA rated company. For detailed results table, click here |
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