Indiabulls Q2 net up 59%

New Delhi, Oct 16 (UNI) Indiabulls Financial Services today posted a 58.7 per cent increase in consolidated net profit at Rs 95.10 crore for the quarter ended September 30, 2006 as against Rs 59.93 crore in Q2FY06.

The total income of the group increased 74.4 per cent at Rs 270.37 crore from Rs 155.03 crore in Q2FY06, a company statement said.

For the half-year ended September 30, 2006, the group posted a 68.77 per cent increase in profit after tax at Rs 171.71 crore from Rs 101.74 crore for H1FY06.

The total income of the group grew 93.6 per cent at Rs 491.09 crore from Rs 253.66 crore in H1FY06.

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