Saturday, October 20, 2012

Indiabulls Securities announces Q2FY13 Financial Results

Indiabulls Securities Ltd, one of India's leading capital markets companies providing securities broking and advisory services, today announced the unaudited results for the quarter ended September 30, 2012.


The Consolidated Total Revenues stood at Rs 47.38 Crores in Q2 FY 13, up by 5.44% from Rs. 44.93 Crore in the previous quarter while the Profit After Tax (PAT) is at Rs. 12.02 Crores, up by 22.78 % from Rs 9.79 crore in the last quarter. The board of directors recommended interim dividend of 50% per share of face value of Rs 2/-.

Commenting on company’s performance, Mr. Divyesh Shah – CEO, Indiabulls Securities Ltd said, “The Company is on growth track and seen reasonably good upside in PAT this quarter as compared to last quarter. The share holders of ISL will benefit from the growth of the company as the Board of Directors has approved an interim dividend of Re 1/- per equity share on the face value Rs. 2/- per share. This is in line with our healthy dividend policy.”


Q2 FY 2013 – Key Financial Highlights


• Total Revenue of Rs. 47.38 Crores


• Profit before Tax of Rs. 17.24 Crores


• Profit after Tax of Rs. 12.02 Crores



• Interim Dividend of Re 1 per equity share of face value Rs. 2 per share



• EPS (Basic) of Re. 0.52



Q2 FY 2013 compared to Q1 FY 2013 (QoQ)



• Total Revenue up by 5.44 % to Rs. 47.38 Crores in Q2 FY 13 from Rs. 44.93 Crores in Q1 FY 2013



• Profit After Tax up by 22.78 % to Rs.12.02 Crores in Q2 FY 2013 from Rs. 9.79 Crores in Q1 FY 2013



• Basic EPS Re. 0.52 in Q2 FY 2013 compared to Re. 0.42 in Q1 FY 2013