IDFC has reported results for second quarter ended September 30, 2014.
The company has registered 5.61% fall in its net profit after tax at Rs 470.15 crore for the quarter under review as compared to Rs 498.10 crore for the same quarter in the previous year. However, total income of the company has increased 17.47% at Rs 2427.27 crore for Q2FY15 as compared Rs 2066.35 crore for the corresponding quarter previous year.
On consolidated basis, the company’s net profit after taxes and minority interest and share of profit of associates for the quarter under review declined 13.43% growth at Rs 421.40 crore against Rs 486.75 crore in the September quarter of previous fiscal. The company’s total income has increased by 15.75% at Rs 2487.46 crore for the quarter from Rs 2149.01 crore in the similar quarter of previous year.