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India Infoline net surges 60%

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BS Reporter Mumbai

India Infoline today announced its consolidated results. Its income for the year ended March 31, 2010 went up by 28.1 per cent to Rs 1,120 crore. Net profit went up by 60.2 per cent to Rs 231.99 crore. The EBIDTA margins stood at 38.9 per cent in FY10 as compared to 33.3 per cent in FY09. The broking firm's customer base in equities rose to 8 lakh, a growth of 34 per cent year-on-year.

The loan book stood at Rs 1600 crore, comprising of secured lending with mortgages contributing to 42 per cent of the lending book followed by margin funding, loan against shares and personal loans at 35 per cent, 17 per cent and 6 per cent respectively.

 

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First Published: Apr 26 2010 | 12:40 PM IST

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