Indiabulls Financial Services Ltd has posted a net profit of Rs 179.01 crore for the quarter ended December 31, 2011 compared with Rs 173.98 crore for the quarter ended December 31, 2010.

According to the BSE filing, the company’s total income has increased from Rs 575.41 crore for the quarter ended December 31, 2010 to Rs 745.59 crore for the quarter ended December 31, 2011.

On a consolidated basis, the Group has posted a net profit after tax and minority interest of Rs 247.40 crore for the quarter ended December 31, 2011 against Rs 202.54 crore for the quarter ended December 31, 2010.

Total income has increased from Rs 685.05 crore for the quarter ended December 31, 2010 to Rs 971.83 crore for the quarter ended December 31, 2011.