NEW DELHI: Indiabulls Housing Finance on Thursday posted 30.30 per cent year-on-year rise in net profit at Rs 1,055 crore for the quarter ended June 30, against Rs 810 crore PAT in the same period last year.Analysts in an ETNow poll had projected Rs 1,000 crore profit for the quarter.Total revenue for the quarter rose 23.80 per cent YoY to Rs 4,072 crore in Q1FY19 over Rs 3,288 crore in Q1FY18.Net interest income (NII) came at Rs 1,690 crore for June quarter against Rs 1,384 crore reported for the same period last year.The company declared an interim dividend of Rs 10 per share on face value of Rs 2.
Gross non-performing assets (NPA) stood at 0.78 per cent, while net NPA came at 0.59 per cent in June quarter.