The company’s scrip fell to a low of Rs 229 on the National Stock Exchange as against Rs 236.90 at the previous close.
The poor showing in the quarter gone by was mainly on account of a decline in Indiabulls’ loan book.
The company disbursed retail loans worth Rs 325 crore in September on account of co-lending tie-ups, it said in a release. As on September 30, the total loans given out by the company under the Emergency Credit Line Guarantee Scheme was at Rs 176 crore, accounting for a mere 0.27 per cent of the loan book.
Gross non-performing assets were at 2.69 per cent in the July-September quarter, up from 2.21 per cent a year ago.
The company’s top management said it is looking to raise funds close to Rs 10,000 crore via bank borrowings and non-convertible debentures in October-March.
