Results     02-May-08
Announcements
Ind Bank Housing reports net loss of Rs 0.91 crore in the March 2008 quarter
Sales rise 1.41% to Rs 0.72 crore
Ind Bank Housing reported net loss of Rs 0.91 crore in the quarter ended March 2008 as against net profit of Rs 0.36 crore during the previous quarter ended March 2007. Sales rose 1.41% to Rs 0.72 crore in the quarter ended March 2008 as against Rs 0.71 crore during the previous quarter ended March 2007.

For the full year, net loss reported to Rs 3.57 crore in the year ended March 2008 as against net profit of Rs 25.22 crore during the previous year ended March 2007. Sales declined 42.76% to Rs 2.65 crore in the year ended March 2008 as against Rs 4.63 crore during the previous year ended March 2007.

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