India Infoline has reported results for the third quarter ended December 31, 2012.
On the consolidated basis the company has reported rise of 44.74% in its Income from operations to Rs 693.62 crore compared to Rs 479.23 crore in the quarter ended December 31,2011. While, the net profit of the company for the third quarter zoomed by 106.42% to Rs 75.14 crore as compared to Rs 36.40 crore in the same period last year.
The company has reported 11.30% fall in its standalone net profit at Rs 8.24 crore for the quarter as compared to Rs 9.29 crore for the same quarter in the previous year. Total income from operation of the company has decreased by 20.81% at Rs 117.99 crore for quarter under review as compared to Rs 149 crore for the quarter ended December 31, 2011.
India Infoline offers financial services ranging from equities, derivatives, commodities, wealth management, asset management, insurance, fixed deposits, loans, investment banking, GoI bonds and other small savings instruments.
