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IDFC Q1 profit up 21% at Rs 380 crore

Total expenses of the company were at Rs 219 crore in the reported quarter, up from Rs 154 crore a year earlier

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Press Trust of India New Delhi
Last Updated : Jan 25 2013 | 4:04 AM IST

IDFC today said its net profit after tax rose by 21% to Rs 379.78 crore in the first quarter ended June 30.

Its net profit over the same period (April-June) a year ago stood at Rs 313.69 crore.

The total income from operations of the company increased to Rs 1,840.76 crore in the first quarter from Rs 1,351.44 crore a year ago, the company said in a BSE filing.

Total expenses of the company were at Rs 218.54 crore in the reported quarter, up from Rs 154.12 crore a year earlier.

The tax expenses of the company rose to Rs 171.34 crore in the first quarter, from Rs 137.78 crore a year earlier.

Shares of IDFC ended at Rs 136.55 a piece on the BSE today, up 2.59% from their previous close.

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First Published: Aug 14 2012 | 7:50 PM IST

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