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IFCI Ltd has announced the following Audited results for the quarter & year ended March 31, 2008:

The results for the Quarter ended March 31, 2008

The Company has posted a loss after tax of Rs 425.20 million for the quarter ended March 31, 2008 as compared to net profit of Rs 6684.30 million for the quarter ended March 31, 2007. Total Income has decreased from Rs 10940.90 million for the quarter ended March 31, 2007 to Rs 4513.50 million for the quarter ended March 31, 2008.

The results for the Year ended March 31, 2008

The Company has posted a profit after tax of Rs 10205.70 million for the year ended March 31, 2008 as compared to Rs 8980.20 million for the year ended March 31, 2007. Total Income has increased from Rs 20466.80 million for the year ended March 31, 2007 to Rs 21114.20 million for the year ended March 31, 2008.

The Consolidated results are as follows:

The consolidated results for the Year ended March 31, 2008

The Group has posted a profit after tax of Rs 10224.00 million for the year ended March 31, 2008 as compared to Rs 8986.40 million for the year ended March 31, 2007. Total Income has increased from Rs 20503.40 million for the year ended March 31, 2007 to Rs 21161.30 million for the year ended March 31, 2008.

Tags: IFCI announces

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