Results     25-May-24
Announcements
Indiabulls Commercial Credit standalone net profit declines 61.56% in the March 2024 quarter
Sales decline 25.00% to Rs 344.81 crore
Net profit of Indiabulls Commercial Credit declined 61.56% to Rs 88.60 crore in the quarter ended March 2024 as against Rs 230.46 crore during the previous quarter ended March 2023. Sales declined 25.00% to Rs 344.81 crore in the quarter ended March 2024 as against Rs 459.77 crore during the previous quarter ended March 2023.

For the full year,net profit declined 22.35% to Rs 413.00 crore in the year ended March 2024 as against Rs 531.90 crore during the previous year ended March 2023. Sales declined 20.76% to Rs 1494.73 crore in the year ended March 2024 as against Rs 1886.35 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
 Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Sales344.81459.77 -25 1494.731886.35 -21
OPM %87.84113.56 -85.3082.92 -
PBDT116.51305.40 -62 546.32709.19 -23
PBT116.16304.99 -62 543.94707.55 -23
NP88.60230.46 -62 413.00531.90 -22

Previous News
  Indiabulls Commercial Credit standalone net profit declines 61.56% in the March 2024 quarter
 ( Results - Announcements 25-May-24   15:30 )
  Indiabulls Commercial Credit standalone net profit rises 49.40% in the December 2023 quarter
 ( Results - Announcements 14-Feb-24   15:49 )
  Indiabulls Commercial Credit to raise Rs 200 cr via NCDs
 ( Other Markets - Debt Markets 03-Apr-23   14:05 )
  Indiabulls Commercial Credit standalone net profit declines 36.93% in the June 2024 quarter
 ( Results - Announcements 20-Aug-24   07:29 )
  Indiabulls Commercial Credit reports standalone net profit of Rs 117.33 crore in the March 2022 quarter
 ( Results - Announcements 21-May-22   17:26 )
  Indiabulls Commercial Credit standalone net profit declines 10.47% in the June 2023 quarter
 ( Results - Announcements 15-Aug-23   11:15 )
  Indiabulls Commercial Credit Limited: [ICRA]AA (Stable) assigned to retail NCD programme
 ( Press Releases - 05-Apr-22   10:13 )
  Indiabulls Commercial Credit to raise Rs 200 cr via NCDs
 ( Other Markets - Debt Markets 06-Jan-23   15:11 )
  Indiabulls Commercial Credit standalone net profit rises 96.42% in the March 2023 quarter
 ( Results - Announcements 23-May-23   07:56 )
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 ( Corporate News - 07-Jun-21   19:05 )
  Indiabulls Commercial Credit standalone net profit declines 41.92% in the September 2022 quarter
 ( Results - Announcements 24-Nov-22   17:59 )
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