IDFC Q2 FY11 Results : Net profit up by 16%

by khalid on 08/11/2010 · 0 comments

Infrastructure Development Finance Company (IDFC) has posted a phenomenal increase in consolidated net profit for the period Q2 (ending Sep 2010) of the current fiscal (FY11). During the said quarter, consolidated net profit increased by 15.95% to Rs 338.39 crore in comparison to the Rs 291.84 crore of Q2 (ending Sep 09) of previous year(FY10). The Infrastructure Development Finance Company Limited (IDFC) is India’s leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services.

The company informed the share market(BSE) that the total net income increased 17.87 % to Rs 1219.13 crore in quarter ended Sep 2010 when compared with the last years same quarter ended Sep 2009 which was Rs 1034.35 crore.

Share’s Data :-
BSE Code : 532659
Mkt. Cap : Rs 31,326.43 Crores
Infrastructure Development Finance Company Ltd. share’s CMP is Rs 214.80 on 8th Nov 2010.

Source :- BelltheBull

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