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IDFC announces Q4 & FY 08 results

Infrastructure Development Finance Company Ltd () has announced the following results for the quarter & year ended March 31, 2008:

The Unaudited results for the Quarter ended March 31, 2008

The Bank has posted a net profit of Rs 1232.50 million for the quarter ended March 31, 2008 as compared to Rs 850.90 million for the quarter ended March 31, 2007. Total Income has increased from Rs 4103.80 million for the quarter ended March 31, 2007 to Rs 6822.70 million for the quarter ended March 31, 2008.

The Audited results for the Year ended March 31, 2008

The Bank has posted a net profit of Rs 6691.70 million for the year ended March 31, 2008 as compared to Rs 4628.70 million for the year ended March 31, 2007. Total Income has increased from Rs 15057.40 million for the year ended March 31, 2007 to Rs 25354.20 million for the year ended March 31, 2008.

The Consolidated results are as follows:

The Un-Audited consolidated results for the Quarter ended March 31, 2008

The Group has posted a net profit of Rs 1494.10 million for the quarter ended March 31, 2008 as compared to Rs 929.80 million for the quarter ended March 31, 2007. Total Income has increased from Rs 4277.10 million for the quarter ended March 31, 2007 to Rs 7733.70 million for the quarter ended March 31, 2008.

The Audited consolidated results for the Year ended March 31, 2008

The Group has posted a net profit of Rs 7421.50 million for the year ended March 31, 2008 as compared to Rs 5039.30 million for the year ended March 31, 2007. Total Income has increased from Rs 15712.90 million for the year ended March 31, 2007 to Rs 28064.80 million for the year ended March 31, 2008.

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