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IFCI net up 6% to Rs 202 cr

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BS Reporter Mumbai
Last Updated : Jan 20 2013 | 1:24 AM IST

New Delhi-based IFCI Ltd, a domestic financial consultancy firm, has posted a rise of 6.21 per cent in its net profit at Rs 202.30 crore for the quarter ended September compared with Rs 190.48 crore in the corresponding previous quarter.

The company's income from operations grew to Rs 613.67 crore from Rs 411.06 crore last year, up 49.29 per cent.

The reserves and surplus increased to Rs 3,917.04 crore as on 30 September against Rs 2,680.02 crore in the corresponding quarter last year.

On the current liabilities front, company's liabilities were up at Rs 986.18 crore against Rs 963.74 crore.

Earning per share stood at Rs 2.74 against Rs 2.57.

On the National Stock Exchange, the company's shares closed strong on Wednesday at Rs 74, up 1.23 per cent.

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First Published: Oct 27 2010 | 4:19 PM IST

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