IDFC consolidated Q4 net up 60 per cent at Rs 149 crores

Infrastructure Development Finance Company Ltd (IDFC) has posted over 60 per cent increase in net profit at Rs 149.4 crore for the quarter ended March 31, 2008 as compared to Rs 92.9 crore for the quarter ended March 31, 2007. Total income increased by 80.8 per cent to Rs 773.4 crore for January-March period of 2007-08 from Rs 427.7 crore for the corresponding period in 2006-07.

For the year ended March 31, IDFC has posted a 47 per cent increase in net profit at Rs 742.1 crore as compared to Rs 503.9 crore for the year ended March 31, 2007. Total income has increased by 78 per cent to Rs 2,804.5 crore for 2007-08 from Rs 1571.3 crore for 2006-07.