IDFC Q3 consolidated net up 74% at Rs 217cr

Infrastructure Development Finance Company (IDFC) has posted 74% increase in consolidated net profit at Rs 217.28 crore for the quarter ended December 31, 2007 (Q3FY08) when compared with Rs 124.99 crore for Q3FY07.

According to an official release issued by the company to the BSE today, total income during the quarter increased to Rs 766.70 crore from Rs 402.30 crore.

On a stand-alone basis, the company has posted a 73% increase in net profit at Rs 198.67 crore for (Q3FY08) when compared with Rs 115.15 crore in Q3FY07.

Total income increased to Rs 691.92 crore from Rs 386.26 crore, the release added.