IDFC reports improved Q3 net profit of Rs.115.15 Crores

Infrastructure Development Finance Company Ltd (IDFC) has announced the following Unaudited results for the quarter ended December 31, 2006:

The Company has posted a profit after tax of Rs 1151.50 million for the quarter ended December 31, 2006 as compared to Rs 894.00 million for the quarter ended December 31, 2005. Total Income has increased from Rs 2448.60 million for the quarter ended December 31, 2005 to Rs 3862.60 million for the quarter ended December 31, 2006.

The Consolidated Results are as follows:

The Group has posted a profit after tax of Rs 1249.90 million for the quarter ended December 31, 2006 as compared to Rs 933.80 million for the quarter ended December 31, 2005. Total Income has increased from Rs 2532.70 million for the quarter ended December 31, 2005 to Rs 4023.00 million for the quarter ended December 31, 2006.

Source : Equity Bulls

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