IFCI Q4 net profit declines by 6% in Mar 2012-news17042012

IFCI has announced the following audited results for the quarter & year ended March 31, 2012:

Standalone Results:

For the Quarter ended March 31, 2012

The net profit of the company fell by 5.91% to Rs219.25 crore for the quarter ended March 31, 2012 as compared to Rs233.03 crore for the quarter ended March 31, 2011.

Total Income has increased by 12.03% to Rs801.42 crore for the quarter ended March 31, 2012 from Rs715.36 crore for the quarter ended March 31, 2011.

For the Year ended March 31, 2012

The net profit of the company dipped by 6.03% to Rs663.62 crore for the year ended March 31, 2012 as compared to Rs706.25 crore for the year ended March 31, 2011.

Total Income has increased by 14.92% to Rs2850.20 crore for the year ended March 31, 2012 from Rs2480.11 crore for the year ended March 31, 2011.

Consolidated Results

Audited for the Year ended March 31, 2012:

The net profit the company dropped by 5.48% to Rs715.76 crore for the year ended March 31, 2012 as compared to Rs757.30 crore for the year ended March 31, 2011.

Total Income has increased by 19.24% to Rs3130.77 crore for the year ended March 31, 2012 from Rs2625.55 crore for the year ended March 31, 2011.

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