Infrastructure financing company IDFC has reported a decline of more than 6% (YoY) in its first quarter FY12 net profit. During the period, consolidated net profit of the company slipped to Rs 314 crore from Rs 335 crore in same quarter the previous year.
Consolidated income from operations jumped nearly 24% to Rs 1,351 crore from Rs 1,091 crore year-on-year.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP consultants Pvt Ltd
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