Infrastructure Development Finance Company (IDFC) today reported 19 per cent growth in the third quarter net profit at Rs 321.47 crore ending December 31, 2010.
The company had a consolidated net profit of Rs 269.9 crore in the corresponding quarter of previous fiscal.
IDFC's total income rose to Rs 1,310 crore during the October-December quarter, from Rs 997.6 crore in the same period last fiscal, it said in a filing to the Bombay Stock Exchange (BSE).
On a standalone basis, IDFC reported a 27 per cent growth in net profit at Rs 304.22 crore for the third quarter ended December 31, 2010.
Total income of IDFC on a standalone basis rose to Rs 1,168.21 crore during the October-December quarter, from Rs 881.16 crore in the comparable period last fiscal.
Shares of IDFC closed at Rs 147.45, down 0.74 per cent over previous close on the BSE.
