14 October 2007

IDFC H1 net up 31 per cent to Rs 375 cr

IDFC H1 net up 31 per cent to Rs 375 cr

MUMBAI: Infrastructure Development Finance Company (IDFC) on Sunday said it has posted a net profit of Rs 375 crore for the half-year ended September 30, up 31 per cent from Rs 286 crore in the corresponding period last year.

The company's net interest income increased to Rs 329 crore during the period, a growth of 55 per cent over Rs 213 crore in the year-ago period, an IDFC release said here.

Its non-interest income for the first six months of the current fiscal stood at Rs 293 crore, a rise of 92 per cent from Rs 153 crore a year ago.


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