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Indiabulls Securities FY10 net profit at Rs 67cr

Press Trust of India / 26 Apr 10 | 12:32 PM

Domestic brokerage firm Indiabulls Securities today reported a consolidated net profit of Rs 67.47 crore for the year ended March 31, 2010.

The company had a net loss of Rs 13 crore in the previous fiscal, Indiabulls Securities said in a filing to the Bombay Stock Exchange.

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Total income of the company fell to Rs 352.24 crore for the year ended March 31, from Rs 396.19 crore in the same period previous fiscal.

On a standalone basis, the company has posted a net profit of Rs 61.21 crore for the year ended March 2009-10, while it had a net loss of Rs 12.88 crore in the same period corresponding fiscal.

The board of directors of the company has proposed a dividend of Rs 2 per share on the face value of Rs 2 per share for the financial year ended March 31, 2010.

Shares of Indiabulls Securities were trading at Rs 32.45 on BSE, up 2.20 per cent from previous close.

 

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