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IFCI consolidated net profit declines 80.58% in the December 2023 quarter

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Sales rise 30.78% to Rs 454.46 crore

Net profit of IFCI declined 80.58% to Rs 17.91 crore in the quarter ended December 2023 as against Rs 92.21 crore during the previous quarter ended December 2022. Sales rose 30.78% to Rs 454.46 crore in the quarter ended December 2023 as against Rs 347.50 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales454.46347.50 31 OPM %49.3786.40 -PBDT93.81153.56 -39 PBT72.48133.00 -46 NP17.9192.21 -81

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First Published: Feb 10 2024 | 7:39 AM IST

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