IDFC fell 4.11% to Rs 110.90 at 15:13 IST on BSE as gross non-performing assets rose to Rs 181.67 crore in Q1 June 2013, from Rs 85.12 crore as on 31 March 2013 and Rs 150.26 crore as on 30 June 2012.
IDFC declared Q1 results during market hours today, 29 July 2013.
Meanwhile, the S&P BSE Sensex was down 124.70 points or 0.63% at 19,623.49
On BSE, 14.23 lakh shares were traded in the counter as against average daily volume of 7.55 lakh shares in the past one quarter.
The stock hit a 52-week low of Rs 110.80 in intraday trade today, 29 July 2013. The stock hit a high of Rs 116.25 so far during the day. The stock had hit a 52-week high of Rs 185.35 on 7 January 2013.
The stock had underperformed the market over the past one month till 26 July 2013, falling 9.96% compared with the Sensex's 6.45% rise. The scrip had underperformed the market in past one quarter, falling 25.51% as against Sensex's 2.39% rise.
The large-cap company has equity capital of Rs 1515.33 crore. Face value per share is Rs 10.
IDFC's consolidated net profit rose 46.74% to Rs 557.31 crore on 24.83% rise in total income from operations (net) to Rs 2298 crore in Q1 June 2013 over Q1 June 2012.
Based on standalone financials, the lender's gross non-performing assets edged up to Rs 181.67 crore in Q1 June 2013, from Rs 85.12 crore as on 31 March 2013 and Rs 150.26 crore as on 30 June 2012. The ratio of gross non-performing assets (NPA) to gross advances stood at 0.32% as on 30 June 2013, higher that 0.15% as on 31 March 2013 and 0.3% as on 30 June 2012. The lender's ratio of net non-performing assets (NPA) to net advances stood at 2.81% as on 30 June 2013, higher than 2.61% as on 31 March 2013 and 2.47% as on 30 June 2012.
IDFC is an integrated infrastructure finance player providing end to end infrastructure financing and project implementation services. The company also offers asset management services through IDFC Mutual Fund.
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