IDFC Q3 net up 21 percent

Infrastructure Development Finance Company (IDFC) Q3 net up 21% at Rs 468.67 cr.Infrastructure finance company IDFC on February 1, 2013 posted 21 per cent rise in net profit at Rs 468.67 crore for the third quarter ended December 31, 2012.

The company had a net profit of Rs 387 crore in the same quarter of the previous fiscal, IDFC said in a filing on the BSE.

Total income of the company increased to Rs 1,974.88 crore during the quarter as compared to Rs 1582.25 crore in the same quarter a year ago.

During the first nine months of 2012-13, the company’s net profit increased to Rs 1313.94 crore from Rs 1246.06 crore in the same period a year ago.

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