IFCI Q3 FY10 : Net up 30.50%

by khalid on 10/01/2010 · 0 comments

IFCI’s principal activities are to provide project finance,
financial services and investments. The company has posted an increase in net profit for the period (Oct, Nov, Dec,) Q3 of the current fiscal (FY10). During the said quarter, profit rose 30.50% to Rs 136.35 crores in comparison to the Rs 104.48 crores of Q3 of previous year(FY09).

The company informed the market that the net sales increased to 9.01% to Rs 385.07 crores when compared with the same quarter of previous year(FY09).

IFCI share’s CMP is Rs 57.60 on 8th Jan 2010.

Quarterly Results (Rs in crores)

NameQ3 FY10 (Dec 09)Q3 FY09 (Dec 08)%Change
Net Sales385.07 353.22 9.01
Net Profit136.35 104.48(26.47)
EPS2.57 3.38(23.96)
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