IDFC announces Q1 results

Infrastructure Development Finance Company Ltd (IDFC) has announced the following Unaudited Results for the quarter ended June 30, 2006:

The Company has posted a net profit of Rs 1212.30 million for the quarter ended June 30, 2006 (Q1 FY 06-07) as compared to Rs 1082.80 million for the quarter ended June 30, 2005 (Q1 FY 05-06). Total Income has increased from Rs 2561.00 million in Q1 FY 05-06 to Rs 3217.70 million for Q1 FY 06-07.

The Consolidated Results are as follows:

The Group has posted a net profit of Rs 1311.50 million for the quarter ended June 30, 2006 (Q1 FY 06-07) as compared to Rs 1091.90 million for the quarter ended June 30, 2005 (Q1 FY 05-06). Total Income has increased from Rs 2600.10 million in Q1 FY 05-06 to Rs 3394.60 million for Q1 FY 06-07.

Source : Equity Bulls

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