Indiabulls Housing Finance Ltd, incorporated in 2005, is registered with and regulated by National Housing Bank (NHB) and is engaged in the business of providing home loans and loan against property. It also provides corporate mortgage loan – lease rental discounting and residential construction finance.
Financial Results:
- Indiabulls Housing Finance Ltd reported Revenues for Q1FY24 of ₹1,900.00 Crores down from ₹2,075.00 Crore year on year, a fall of 8.43%.
- Total Expenses for Q1FY24 of ₹1,520.00 Crores down from ₹1,692.00 Crores year on year, a fall of 10.17%.
- Consolidated Net Profit of ₹294.00 Crores up 2.44% from ₹287.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹6.24, up 2.63% from ₹6.08 in the same quarter of the previous year.
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