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Corporate Results - Financial Institutions
Money & Banking - Financial Performance
IDFC net rises 27%

Our Bureau

Mumbai, Oct 14 Infrastructure Development Finance Company has reported a net profit of Rs 179.44 crore for the quarter ended September 30, 2007, up by 27 per cent from Rs 141.40 crore in the corresponding previous period.

Total income increased to Rs 604.43 crore from Rs 387.62 crore.

The net income increased by 55 per cent to Rs 329 crore (Rs 213 crore).

For the six months, the company posted a 31 per cent increase in its net profit at Rs 375 crore against Rs 286 crore in the corresponding previous period.

On Friday, the company’s shares closed 4.17 per cent lower at Rs 177.10 on the Bombay Stock Exchange.

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IDFC net rises 27%




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