Indiabulls Housing Q2 profit below estimate, faces challenge on margin front: Philip Capital
Updated : October 16, 2018 11:04 AM IST
Philip Capital expects earnings CAGR of 21 percent over the fiscal year 2019-20.
The NBFC company’s loan book growth was at 28 percent in the quarter driven by 38 percent YoY growth in home loans and about 17 percent in non-housing loan.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more