Indiabulls Financial declares 10% final dividend
Indiabulls Financial declares 10% final dividend The shareholders of Indiabulls (Q, N,C,F)* Financial Services, at the annual general meeting (AGM) of the company held on Sep. 17, 2007, declared a final dividend of Re 1 a share. The comnpany disclosed a phenomenal jump in net profit for the quarter ended June 2007. During the quarter, profit of the company rose 2.93 times to Rs 518.20 million from Rs 176.90 million in the same quarter, last year. Net sales for the quarter rose 92.95% to Rs 1,136.50 million compared with the corresponding quarter, a year ago. Shares of the company closed down Rs 2.25, or 0.40%, at Rs 567.30. The total volume of shares traded at the BSE was 596,762. (Monday)
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