New Delhi: Indiabulls Housing Finance Ltd’s net profit dropped 32 percent at Rs 702.18 crore in the second quarter of the current financial year as compared to Rs 1,034.92 crore in the second quarter of the previous fiscal.
Its total income also dropped 20 percent at Rs 3,420.46 crore in the second quarter of the current financial year as against Rs 4,266.47 crore in the same period of the previous financial year, it said in a regulatory filing.
The company declared interim dividend of Rs 7 per equity share for the current fiscal. The company also informed about the issuance of secured and/or unsecured redeemable NCDs by way of a public issue and/or private placement of up to Rs 10,000 crore.