Mortgage player Indiabulls Housing Finance on Wednesday reported 23.93 percent jump in consolidated net profit to Rs 555.53 crore for the second quarter ended September 30, 2015-16. The company had reported net profit of Rs 448.24 crore in the July-September quarter of last fiscal, 2014-15. Its total income for the quarter under review rose to Rs 1,985 crore, up 31.08 percent, from Rs 1,514.31 crore in the corresponding quarter a year ago, the company said in a BSE filing.
Indiabulls Housing Finance reported net interest income (NII) of Rs 884.6 crore, compared with Rs 657.1 crore a year ago, an increase of 34.62 percent. In a separate filing, the company said its Board has declared a third interim dividend of Rs 9 per equity share for the financial year 2015-16. The company's scrip was trading at Rs 736.15, down 0.28 percent from their previous close on the BSE.
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