Infrastructure Development Finance Company has posted a 26 per cent rise in net profit at Rs 304 crore for the quarter ended December 31, 2010, compared with Rs 240 crore logged in the same period last year. Total income rose 32 per cent to Rs 1,162 crore (Rs 881 crore).

On a consolidated basis, the net profit was Rs 321 crore, against Rs 270 crore, while total income rose to Rs 1,306 crore from Rs 998 crore.

The IDFC scrip on the BSE was marginally down at Rs 147.45, on Monday.

comment COMMENT NOW