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IDFC Q2 Net profit surges 19%

Fri, Oct 23, 2009

Business

IDFC Q2 Net profit surges 19%

idfc logo IDFC Q2 Net profit surges 19%Infrastructure Development Finance Company (IDFC), a leading project finance services firm, has posted a net profit of Rs 250.72 crore for the quarter ended September 30, 2009, up 19% as compared to Rs 210.43 crore for the quarter ended September 30, 2008.

The Company Total Income has increased from Rs 848.77 crore for the quarter ended September 30, 2008 to Rs 896.76 crore, registering a growth of 5.50% for the quarter ended September 30, 2009.

On Consolidated basis, IDFC has posted a net profit of Rs 291.84 crore for the quarter ended September 30, 2009 as compared to Rs 232.27 crore for the quarter ended September 30, 2008.

Total Income of the company has increased from Rs 946.51 crore for the quarter ended September 30, 2008 to Rs 1034.35 crore for the quarter ended September 30, 2009.

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One Response to “IDFC Q2 Net profit surges 19%”

  1. Susan Kishner Says:

    Thanks for posting the article, was certainly a great read!

    [Reply]


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