IDFC has reported results for fourth quarter and year ended March 31, 2022.
The company has reported a fall of 87% in its net profit at Rs 3.27 crore for the quarter under review as compared to Rs 25.85 crore for the same quarter in the previous year. However, total income of the company increased by 73.88% at Rs 8.07 crore for Q4FY22 as compared Rs 30.89 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported above 4- fold jump in its net profit at Rs 194.03 crore for the quarter under review as compared to Rs 41.99 crore for the same quarter in the previous year. However, total income of the company decreased by 87.67% at Rs 5.70 crore for Q4FY22 as compared Rs 46.24 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported 2- fold jump in its net profit at Rs 21.95 crore as compared to Rs 8.98 crore for the previous year. Total income of the company increased by 34.69% at Rs 57.81 crore for year under review as compared to Rs 42.92 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported net profit at Rs 64.31 crore as compared to net loss Rs 336.74 crore for the previous year. Total income of the company increased by 20.57% at Rs 97.82 crore for year under review as compared to Rs 81.13 crore for year ended March 31, 2021.
