IDFC reports 21% rise in consolidated Q1 net profit

IDFC has reported results for first quarter ended June 30, 2012.

On standalone basis, the company has reported a rise of 16.41% in its net profit at Rs 383.89 crore for the quarter, as compared to Rs 329.77 crore for the same quarter in the previous year. Total income of the company has increased by 35.74% to Rs 1768.84 crore for the quarter under review as compared to Rs 1303.11 crore for the quarter ended June 30, 2011.

On consolidated basis, the company has reported a rise of 21.07% in its net profit at Rs 379.78 crore for the quarter, as compared to Rs 313.69 crore for the same quarter in the previous year. Total income of the company has increased by 35.55% to Rs 1842.17 crore for the quarter under review as compared to Rs 1359.00 crore for the quarter ended June 30, 2011.