IFCI Q2 FY10 : Profit decline 26.47%

by khalid on 27/10/2009 · 0 comments

IFCI

IFCI has posted a decline in net profit for the Q2 of the current fiscal (FY10). During the said quarter, profit declined 26.47% to Rs 190.48 crore from Rs 259.06 crore in the same quarter previous year(FY09).

The company informed the market that the net sales increased by 7.30% to Rs 411.06 crore as compared to corresponding quarter of last fiscal (FY08). The total income fell by 5.27% to Rs 418.48 crore as compared to the similar qurter of the last fiscal(FY08).

IFCI share’s CMP is Rs 47.25 on 26th Oct 09.

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