IDFC Net Profit Up 31 For Q1 (04-Aug-2010)
Infrastructure Development Finance Company (IDFC) has announced results for the quarter ended on June 30, 2010.
The company reported net profit of Rs 319.71 crore for the quarter ending on June 30, 2010 against Rs 243.49 crore for the quarter ending on June 30, 2009, up 31.30%. The net sales of the company was Rs 991.60 crore for quarter ending on June 30, 2010 against Rs 875.58 crore for the quarter ending on June 30, 2009.
On consolidated basis, the net profit of the company was Rs 335.11 crore for the quarter ending on June 30, 2010 against Rs 272.43 crore for the quarter ending on June 30, 2009, up 23%. The net sales of the company was Rs 1091.39 crore for quarter ending on June 30, 2010 against Rs 992.28 crore for the quarter ending on June 30, 2009.
The company provides financial assistance to various segments such as power, roads, ports, telecommunications, information technology, urban infrastructure, healthcare, education infrastructure, food and agri-business infrastructure, healthcare and tourism.
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