IDFC consolidated net profit rises 372.18% in the March 2022 quarter

Sales decline 89.09% to Rs 2.28 crore

Net profit of IDFC rose 372.18% to Rs 194.16 crore in the quarter ended March 2022 as against Rs 41.12 crore during the previous quarter ended March 2021. Sales declined 89.09% to Rs 2.28 crore in the quarter ended March 2022 as against Rs 20.90 crore during the previous quarter ended March 2021.

For the full year,net profit reported to Rs 64.03 crore in the year ended March 2022 as against net loss of Rs 336.02 crore during the previous year ended March 2021. Sales rose 161.28% to Rs 88.05 crore in the year ended March 2022 as against Rs 33.70 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales2.2820.90 -89 88.0533.70 161 OPM %-3097.37-177.37 --17.67-1575.07 - PBDT211.6939.90 431 128.36-307.95 LP PBT210.8039.41 435 124.81-311.40 LP NP194.1641.12 372 64.03-336.02 LP

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