IDFC - Q4FY13 Result First-Cut - Microsec

IDFC Ltd announced its Q4FY13 result on 01st May 2013.

Company's topline increased by 8.61% QoQ and 28.89% YoY to INR2217.51 crores. Whereas, bottom line increased by 15.52% QoQ and 57.01% YoY to INR525.7 crores.

During the quarter, company has improved its asset quality, GNPA & NNPA improved by 11 and 7bps QoQ while, 15 and 10bps YoY to 0.15% and 0.05% respectively. Moreover, company is well capitalized to support its growth trajectory. Capital Adequacy Ratio (CAR) stood at 22.10%.

In FY13, topline increased by 28.33% YoY to INR8138.59 crores. Whereas, bottom line increased by 18.16% YoY to INR1836.20 crores.

For the year ended March 31, 2013, the Board of Directors have recommended a dividend of INR2.60 per equity share.

Source : Equity Bulls

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