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Indiabulls Housing Finance Shares Jump Nearly 17% After Q2 Earnings

Indiabulls Housing Finance's asset quality improved in the second quarter of financial year 2019-20
Indiabulls Housing Finance's asset quality improved in the second quarter of financial year 2019-20
Indiabulls Housing Finance shares jumped nearly 17 per cent a day after the company reported its earnings for the quarter ended September 30. The housing finance company reported a net profit of Rs 709.52 crore for the second quarter of current financial year, down 32.05 per cent compared with  the corresponding period a year ago. In a regulatory filing after market hours on Wednesday, the company said its total revenue from operatio...
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