Indiabulls Housing Finance Q4FY23 Results: Consolidated PAT Down at Rs 262.61 Cr

Capri Global sells Indiabulls Housing Finance shares of Rs 43 Cr

Indiabulls Housing Finance Limited. Q4 results show revenue fell from 2,339.62 to 2,077.13 crores, an 11.22% decrease in growth. EPS also dropped from ₹6.49 to ₹5.81, down by 10.48%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Indiabulls Housing Finance Ltd. shared its Q4 results on Monday. They earned 2,077.13 crores in revenue this quarter, but that’s less than the 2,339.62 crores they made last quarter. Unfortunately, the company’s growth decreased by 11.22 percent when comparing the two quarters.

In terms of profits, Indiabulls Housing Finance Ltd’s PAT (Profit After Tax) for this quarter was 262.61 crores, down from 290.97 crores in the previous quarter. Their quarter-to-quarter growth declined by 9.75 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹5.81, which is a decrease of 10.48% from the ₹6.49 EPS in the previous quarter.

Also read: ” Keystone Realtors Q4FY23 Results: Consolidated PAT of Rs 76.59 Cr “

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 8,725.79 crores this year (2023), which is 2.98 percent lower than last year’s total revenue of 8,993.90 crores.

This year’s PAT (Profit After Tax) is 1,129.69 crores, which is also 4.08% lower than last year’s PAT of 1,177.74 crores.

The EPS (Earnings Per Share) for this year is ₹25.15, which is 4.81% less than the EPS of ₹26.42 earned last year.

Indiabulls Housing Finance Share Dividend Announcement / Record Date:

Not related to distributing a portion of a company’s earnings to shareholders in the form of cash or stock dividends. ( No Dividend Payout )

About Indiabulls Housing Finance:

The Indiabulls Group is a prominent Indian conglomerate with its headquarters located in Gurgaon. The primary focus of the group lies in housing finance, consumer finance, and real estate sectors. Additionally, the group has diversified its presence into wealth management, construction equipment rentals, pharmaceuticals, and LED lighting.

Download Full PDF Q4 Results of Indiabulls Housing Finance: Click Here

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