IDFC lost 3.74% to Rs 56.60 at 9:28 IST on BSE after the company reported consolidated net loss of Rs 1468.83 crore in Q2 September 2015 compared with net profit of Rs 421.40 crore in Q2 September 2014.
The result was announced on Saturday, 31 October 2015.
Meanwhile, the S&P BSE Sensex was down 73.05 points or 0.27% at 26,583.78.
On BSE, so far 2.73 lakh shares were traded in the counter as against average daily volume of 8.12 lakh shares in the past two weeks.
The stock hit a high of Rs 57.40 and a low of Rs 54.90 so far during the day. The stock had hit a 52-week low of Rs 58.30 on 29 October 2015. The stock had hit a 52-week high of Rs 91.92 on 4 March 2015.
The large-cap company has equity capital of Rs 1594.02 crore. Face value per share is Rs 10.
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IDFC's total income rose 1.02% to Rs 2512.90 crore in Q2 September 2015 over Q2 September 2014.
The company's gross loan book decreased by 15% to Rs 46889 crore as on 30 September 2015 from Rs 54851 crore as on 30 September 2014.
As per the scheme of demerger approved by the Chennai High Court, the shareholders of IDFC as on the record date i.e. 5 October 2015, have received an equivalent number of IDFC Bank shares free of cost. IDFC shares are now trading ex-bank and IDFC Bank shares are expected to list and trade on 6 November 2015, IDFC said.
IDFC is among the leading integrated infrastructure finance players providing end to end infrastructure financing and project implementation services.
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