Infrastructure Development Finance Company (IDFC) today reported a 38.91% increase in consolidated net profit at Rs 105.82 crore for the second quarter ended September 30, 2005 as against Rs 76.18 crore in the quarter ended September 30, 2004.According to a release issued by the company to the BSE today, total income increased to Rs 262.18 crore in Q2FY06 from Rs 164.03 crore in Q2FY05.The board cleared a proposal to increase the FII shareholding limit in the company from 24% to 49% subject to approval of the shareholders, the release added.
