IDFC Apr-June net down 13 per cent at Rs 449 crore

Tags: News
IDFC Ltd has reported a fall of 12.7 per cent in its standalone net profit at Rs 449.07 crore in the first quarter ended June 2014.

Its net profit was at Rs 514.54 crore over in the corresponding April-June quarter in the previous fiscal.

"Total income has decreased from Rs 2,138.53 crore for the quarter ended June 30, 2013 to Rs 2,039.17 crore for the quarter ended June 30, 2014," it said in a filing to BSE.

On consolidated basis, IDFC group has reported net profit of Rs 481.74 crore during April-June 2014-15, down from Rs 557.31 crore a year ago.

Total income also decreased from Rs 2,298.57 crore for the quarter ended June 30, 2013 to Rs 2,189.15 crore for the quarter ended June 30, 2014.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • India and the US have come a long way from the frostiness of the Cold War

    As far as atmospherics go, it could scarcely be bettered.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

When we the people fail our nation

Today, we turn 65 years old as a republic. A ...

Purnendu Ghosh

The relative measures of time

Clock, the time-keeper, is our central machine. This machine dictates ...

Shona Adhikari

All roads lead to Delhi, as it gears up for art fair

With the seventh edition of India Art Fair (IAF) coming ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture