IDFC has reported results for second quarter ended September 30, 2012.
The company has posted a fall of 12.82% in its net profit after tax at Rs 461.38 crore for the quarter ended September 30, 2012 as compared to Rs 529.21 crore for the same quarter in the previous year. However, total income has increased marginally by 17.97% at Rs 1948.58 crore for quarter under review as compared to Rs 1651.72 crore for the quarter ended September 30, 2011.
On Consolidated basis, the company has posted a fall of 9.28% in its net profit after tax, minority interest and share of profit of associates at Rs 475.65 crore for the quarter ended September 30, 2012 as compared to Rs 524.28 crore for the same quarter in the previous year. However, total income has increased by 18.92% at Rs 2040.26 crore for quarter under review as compared to Rs 1715.65 crore for the quarter ended September 30, 2011.
