Indiabulls Housing Finance Q3 net profit Rs330cr down 40% YoY

Indiabulls Bull Housing First Cut …Provision declines …Company to raises funds through NCDs

Net profit up 20.5% at Rs 329 cr Vs Rs 273 cr (YoY) 

NII up 10.7% at Rs 809 cr Vs Rs 731 cr (YoY)

·   Q3 net profit Rs330cr (down 40% YoY)

·   Provision Rs140cr (down 35% YoY)

·   GNPA 1.75%, proforma basis GNPA at 2.44%

·   Company to reduce wholesale book by 33% by March 2022

·   Company to begin investing through an AIF platform and Income Rs2510cr (down 26% YoY)



·   Approves fund raising worth Rs5000cr through NCDs


  https://t.me/niftystocktalksforyou?fbclid=IwAR15nZcAZzwUb4vVxiL95O9h_zldJqFXpMsUBC6wdsHlkhr4ymu5uvfh1ys

By : | Category : Business and Economy| Sub Category : Stock,commodity,Forex,Crypto|Date : February 12,2021

Popular Comments

---- E M P T Y ----
Jump Page:1