 "IFCI net up 7% at Rs 140 crore")
Total income of the company during the quarter increased to Rs 756.95 crore from Rs 709.74 crore a year earlier.
However, the gross NPAs (non-performing assets) of the company stood at Rs 4,118 crore (22.8 per cent) as of September 30, 2013, versus Rs 3,661 crore (22.2 per cent) as at March 31, 2013. The public sector financial firm caters to the long-term funding needs of the industrial sector.
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