Indiabulls Housing Finance reported a healthy financial performance for the quarter ended June 2015. During the quarter, the profit of the company rose 20.66% to Rs 5,112.74 million from Rs 4,237.43 million in the same quarter last year.

Revenues for the quarter rose 27.43% to Rs 20,249.00 million, compared with Rs 15,890 million for the prior year period.

Earnings per share for the quarter stood at Rs 14.01, registering a 7.28% decline over previous year period.

Gross and net NPAs have remained stable from fourth quarter of FY15 to 0.85% and 0.36% of total advances respectively.

Net interest income (NII) was Rs 8.21 billion as against Rs 6.52 billion in the corresponding quarter of the previous year, showing a growth of 25.9%

Balance sheet size was at Rs 539.59 billion as on Jun. 30, 2015 as against Rs 463.59 billion in the corresponding quarter of the previous year.

Total provision pool was Rs 6.26 billion against gross NPAs of Rs 4.56 billion, which is a provision cover of 137.2%.

Shares of the company declined Rs 16.85, or 2.48%, to trade at Rs 662.25 at the BSE (2.53 p.m., Tuesday).