Infrastructure Development Finance Company (IDFC) today reported a 23 per cent jump in its consolidated net profit at Rs 335.1 crore for the first quarter ended June 30, 2010.
The infrastructure finance company had a net profit of Rs 272.4 crore in the corresponding quarter of the previous year.
The total income rose to Rs 1,091.3 crore for the quarter ended June, from Rs 992.2 crore in the same period of the previous fiscal, IDFC said in a filing to the Bombay Stock Exchange (BSE).
On a standalone basis, the company posted a net profit at Rs 319.7 crore for the April-June quarter, up 31 per cent over the year-ago period.
The Capital Adequacy Ratio of the company stood at 19.1 per cent, while the net NPA was 0.15 per cent at the end of June 30, 2010.
Shares of IDFC were trading at Rs 186.05 on the BSE, up 1.15 per cent from the previous close.