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Corporate Results - Financial Institutions
IDFC net up 26% at Rs 304 cr


Our Bureau

Mumbai, Jan. 31

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.

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Stories in this Section
JM Fin consolidated net up 64% in Q3


Tata Comm prunes Q3 loss
Hotel Leelaventure Q3 net down 24%
Indian Hotels Q3 net dips 23%
GVK Power Q3 profit slows
Suven Life Sciences' Q3 net rises to Rs 1.2 cr
Sun Pharma clocks Rs 350-cr profit
NTPC's Q3 net profit up marginally at Rs 2,372 crore
McLeod Russel India profit down 1.9%
Escorts profit rises 9% on strong sales
Force Motors Q3 PAT zooms
KEC net up 25% at Rs 58 cr
Rolta Q3 net profit zooms 145% to Rs 154 cr
BILT Q2 net edges up to Rs 58.91 cr
Net interest income pushes Canara Bank net to record
Andhra Bank third quarter net goes up 20% at Rs 331 cr
Central Bank net rises 32%
IDFC net up 26% at Rs 304 cr



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