Mumbai: Indiabulls Financial Services on Monday reported a decline of 82.68% in its consolidated net profit at Rs99.44 crore for the year ended 31 March, 2009.
The company had a net profit of Rs574.39 crore in the same period ended March 2008, Indiabulls Financial Services said in a filing to the Bombay Stock Exchange (BSE).
The total income of the company stood at Rs2,003.08 crore for the period ended March 2009, compared with Rs1,686.24 crore in the same period last year.
The board of directors of the company has proposed a dividend of Rs2 per piece (face value of Rs2 per equity share) for the financial year ended 31 March 2009, subject to approval of shareholders, the filing added.
Indiabulls Financial Services were trading at Rs196.95, up 1.73% on the BSE.