IDFC has reported results for first quarter ended June 30, 2022.
The company has reported net profit of Rs 167.50 crore for the quarter under review as compared to net loss of Rs 4.01 crore for the same quarter in the previous year. Total income of the company increased by many folds at Rs 174.75 crore for Q1FY23 as compared Rs 0.95 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net profit of Rs 252.37 crore for the quarter under review as compared to net loss of Rs 410.08 crore for the same quarter in the previous year. Total income of the company increased by around 5-fold jump at Rs 22.37 crore for Q1FY23 as compared Rs 4.84 crore for the corresponding quarter previous year.
