Tuesday, January 15, 2008

IDFC Announces Q3 Results

Infrastructure Development Finance Company Ltd (IDFC) has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 1986.70 million for the quarter ended December 31, 2007 as compared to Rs 1151.50 million for the quarter ended December 31, 2006. Total Income has increased from Rs 3862.60 million for the quarter ended December 31, 2006 to Rs 6919.20 million for the quarter ended December 31, 2007.

The Consolidated results are as follows:

The Group has posted a net profit of Rs 2172.80 million for the quarter ended December 31, 2007 as compared to Rs 1249.90 million for the quarter ended December 31, 2006. Total Income has increased from Rs 4023.00 million for the quarter ended December 31, 2006 to Rs 7667.00 million for the quarter ended December 31, 2007.

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