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IFCI net up, 15 percent dividend recommended

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IANS Chennai

IFCI Ltd on Tuesday said it closed last fiscal with higher net profit on an increased income as compared to figures logged during the previous year.

In a regulatory filing in BSE, the company said it registered a net profit of Rs.521.6 crore last fiscal up from Rs.508.1 crore posted during 2013-14.

The company's total income went up to Rs.3,347.99 crore last fiscal from Rs.2,953.29 crore earned during 2013-14.

The board has recommended a dividend of 15 percent for last year.

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First Published: May 26 2015 | 5:46 PM IST

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