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Indiabulls Housing Finance FY2019-Q3 net profit falls by 14% yoy – 31st Jan 2019

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Indiabulls Housing Finance FY2019-Q3 net profit falls by 14% yoy – 31st Jan 2019

  • Net profit fell by 14% y-o-y to Rs. 985 crore from Rs 1,142 crore.
  • Revenue up by 24% y-o-y to Rs. 4,237 crore from Rs. 3,420 crore.
  • Board approved issuing non-convertible debentures of up to Rs. 26,000 crore and approved issuing rupee overseas bonds.

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Indiabulls Housing Finance Ltd – Board to consider Q3 results & Interim Dividend on January 31, 2019

Indiabulls Housing Finance Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 31, 2019, inter alia, to consider and approve the (a) unaudited financial results of the Company for the quarter and nine months ended December 31, 2018; (b) declaration of interim dividend, if any, on the Equity shares of the Company, for the financial year 2018-19; and (c) fund raising by way of issue of secured and/or unsecured Indian rupee denominated and/or foreign currency denominated bonds, in one or more tranches.

Further, in terms of SEBI (Prohibition of Insider Trading) Regulations, and Code of Conduct for Prevention of Insider Trading of the Company, the Trading Window for dealing in securities of the Company has been closed, and shall remain closed till February 02, 2019.

Pdf Link: Indiabulls Housing Finance Ltd – Board to consider Q3 results & Interim Dividend on January 31, 2019

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