The company's net profit in the corresponding quarter of previous fiscal stood at Rs 181.21 crore.
Total income of the company also increased by 29.5 per cent to Rs 3,058.13 crore for the reported quarter, as against earnings of Rs 2,360.58 crore in the year-ago period.
On standalone basis, the company reported a decline in net profit at Rs 1.78 crore in three-months to June in 2017 as against Rs 5.25 crore a year ago.
IDFC Ltd's (a holding company) main business is to carry out investment activities.
Net worth of the company stood at Rs 11,115 crore as on June 30, 2017 as compared to Rs 10,277 crore as on June 2016.
Shares of IDFC Ltd closed 1.20 per cent down at Rs 57.65 on BSE.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%