IDFC Q2 net up 25.64% to Rs291.84 cr

IDFC Q2 net up 25.64% to Rs291.84 cr

Mumbai: Infrastructure Development Finance Company (IDFC) said on Friday its consolidated net profit rose by 25.64% to Rs291.84 crore for the second quarter ended 30 September, 2009.

Total income rose to Rs1,034.35 crore in the latest quarter from Rs946.51 crore in the same quarter last fiscal, IDFC said in a filing to the BSE.

On the standalone basis, the company has posted a net profit of Rs250.72 crore in the quarter under review, up 19.14% from Rs210.43 crore in the same quarter previous fiscal.

Total income rose to Rs896.76 crore in the latest quarter from Rs848.77 crore in the same quarter last year.

Shares of IDFC were trading at Rs158.60 on BSE, up 1.47% from its previous close.

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