New Delhi, July 18: Indiabulls Housing Finance Limited (IHFL), on Thursday posted a 31 per cent rise in its first quarter net profit at Rs 351.5 crore (Rs 267.6 crore, a year ago). It was largely due to higher loan disbursements.
In the April to June quarter, the home loan financier's revenue jumped 28 per cent to Rs 1,344 crore. On an average the company seels about 5,000 home loans every month, a total of Rs 3,028 crore, an increase of 27 per cent.
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