Infrastructure Development Finance Company (IDFC) today said its profit after tax (PAT) on standalone basis increased by 3% to Rs 330 crore in Q1 FY12 from Rs 320 crore in Q1 FY11.
However, profitability of the core lending business (excluding income from principal investments) over Q1 FY11 increased by 48%, a company statement said here.
PAT increased by 1% to Rs 451 crore in Q1 FY12 from Rs 445 crore in Q1 FY11. PAT excluding gains from principal investments rose 43% to Rs 315 crore as against Rs 220 crore, it said.
The EPS (diluted) decreased by 20%, from Rs 2.56 per share to Rs 2.04 per share on account of Rs 3,494-crore capital raised in July 2010, the release said.
After accounting for tax and share of profit in associate company, PAT decreased by 6%, from Rs 335 crore in Q1 FY11 to Rs 314 crore in Q1 FY12.
IDFC's balance sheet size grew 30%, from Rs 38,612 crore as at June 30, 2010 to Rs 50,221 crore as at June 30, 2011.
Net loan book increased by 30%, from Rs 28,901 crore as at June 30, 2010 to Rs 37,527 crore as at June 30, 2011. The exposure was Rs 61,669 crore as on June 30, 2011.