IDFC consolidated net profit declines 98.84% in the March 2018 quarter

Sales rise 2.75% to Rs 2642.25 crore

Net profit of IDFC declined 98.84% to Rs 1.56 crore in the quarter ended March 2018 as against Rs 134.80 crore during the previous quarter ended March 2017. Sales rose 2.75% to Rs 2642.25 crore in the quarter ended March 2018 as against Rs 2571.44 crore during the previous quarter ended March 2017.

For the full year,net profit declined 15.65% to Rs 589.65 crore in the year ended March 2018 as against Rs 699.09 crore during the previous year ended March 2017. Sales rose 6.79% to Rs 11097.98 crore in the year ended March 2018 as against Rs 10392.52 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales2642.252571.44 3 11097.9810392.52 7 OPM %67.7883.43 -79.8582.57 - PBDT-59.69378.04 PL 1558.861940.09 -20 PBT-108.37337.19 PL 1376.151791.47 -23 NP1.56134.80 -99 589.65699.09 -16

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