IFCI net up, 15 percent dividend recommended
IFCI Ltd on Tuesday said it closed last fiscal with higher net profit on an increased income as compared to figures logged during the previous year.
In a regulatory filing in BSE, the company said it registered a net profit of Rs.521.6 crore last fiscal up from Rs.508.1 crore posted during 2013-14.
The company's total income went up to Rs.3,347.99 crore last fiscal from Rs.2,953.29 crore earned during 2013-14.
The board has recommended a dividend of 15 percent for last year.