Monday, April 26, 2010

Indiabulls Securities net profit at Rs 67.47 cr

Bombay Stock Exchange
Household brokerage firm India Bulls Securities Monday reported a consolidated net profit of Rs 67.47 crore for the year broken 31 March 2010.

The corporation had a net loss of Rs 13 crore in the preceding fiscal year, India Bulls Securities said in a program on the B S E.

Total revenues in the company fell to Rs 352.24 crore for the year ended 31 March from Rs 396.19 crore in the same period preceding fiscal.

On a separate basis, the company posted a net profit of Rs 61.21 crore for the year ended March 2009 to 10, while it had a net loss of Rs 12.88 crore in the same period matching to fiscal policy.

The Board of Directors has proposed a bonus of Rs 2 per share of the value of R 2 per share for the year ended 31 March 2010.

Shares in India Bulls Securities were traded at Rs 32.45 on Bombay Stock Exchange, up 2.20 percent from the previous close.

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