IDFC surges on reporting decent Q4 numbers

09 May 2012 Evaluate

Infrastructure Development Finance Company (IDFC) is currently trading at Rs. 113.80, up by 0.35 points or 0.31% from its previous closing of Rs. 113.45 on the BSE.

The scrip opened at Rs. 111.00 and has touched a high and low of Rs. 114.25 and Rs. 110.70 respectively. So far 274250 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 160.80 on 17-Feb-2012 and a 52 week low of Rs. 90.25 on 02-Jan-2012.

Last one week high and low of the scrip stood at Rs. 120.90 and Rs. 110.50 respectively. The current market cap of the company is Rs. 17242.12 crore.

The Institutions and Non-Institutions held 83.24% and 16.76% stake in the company respectively. Infrastructure Development Finance Company (IDFC) has reported results for the quarter and year ended March 31, 2012.

The Company has posted a mere rise of 2.98% in its net profit after tax for the fourth quarter ended March 31, 2012 at Rs 356.89 crore as compared to Rs 346.55 crore for same quarter in the previous fiscal. Total Income has increased by 27.27% to Rs 1658.92 crore for the quarter from Rs 1303.44 crore for corresponding quarter of the previous fiscal.

For the financial year ended March, 2012, the Company recorded a net profit after tax of Rs 1602.96 as compared to Rs 1277.14 crore in the previous fiscal, an increase of 25.51%. Total Income has increased by 35.87% to Rs 6196.01 crore for FY12 from Rs 4560.35 crore for FY11.

The Group has posted growth of 16.79% in its Q4FY12’s net profit after tax, Minority Interest and Share of Profit of associates of Rs 334.83 crore as compared to Rs 286.68 crore for the quarter ended March 31, 2011. Total Income has increased by 31.72% to Rs 1721.11 crore for the quarter from Rs 1306.65 crore for similar quarter of FY11.

The Group recorded an increase of 21.25% in full year’s net profit after tax, Minority Interest and Share of Profit of associates of Rs 1554.01 crore as compared to Rs 1281.66 crore in the previous year. Total Income has increased by 30.44% from Rs 4933.03 crore for the year ended March 31, 2011 to Rs 6435.00 crore for the year under review.

The infrastructure finance company proposed a dividend 23 per cent or Rs 2.30 per share on the face value of Rs 10 for 2011-12.

IDFC Share Price

113.35 -0.50 (-0.44%)
31-May-2024 16:01 View Price Chart
Peers
Company Name CMP
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Aditya Birla Capital 223.85
SBI Cards AndPayment 692.15
Chola Invest & Fin. 1238.00
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