IDFC has reported results for the second quarter ended September 30, 2013.
The company has reported 7.96% rise in its net profit at Rs 498.10 crore for the quarter as compared to Rs 461.38 crore for the same quarter in the previous year. Total income of the company has increased by 6.04% at Rs 2066.35 crore for quarter under review as compared to Rs 1948.58 crore for the quarter ended September 30, 2012.
On the consolidated basis, the group has registered a growth of 2.33% in net profit after taxes, minority interest and Share of Profit of Associates at Rs 486.75 crore as compared to Rs 475.65 crore in the same quarter previous year. Total income of the group rose 5.33% to Rs 2149.01 crore for quarter under review as against Rs 2040.26 crore in corresponding quarter previous year.