IL&FS Investment Managers FY net dn 23% at Rs 56 crore

Image
Press Trust of India New Delhi
Last Updated : May 03 2016 | 9:42 PM IST
Private equity firm IL&FS Investment Managers today reported a consolidated net profit of Rs 56.08 crore for financial year ended March 2016, down 23.2 per cent from year ago period.
Its net profit in 2014-15 stood at Rs 73.03 crore.
"Consolidated revenue for 2015-16 was lower at Rs 190.76 crore compared to Rs 208.68 crore in 2014-15", it said in a regulatory filing.
The company also declared a dividend of 60 per cent for the year. IL&FS Investment Managers is the only listed private equity firm in the country.
Also, the consolidated earnings per share was at Rs 1.79 for 2015-16, it said.
Shares of the company closed 4.34 per cent lower at Rs 17.65 apiece on BSE today.
*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

More From This Section

First Published: May 03 2016 | 9:42 PM IST

Next Story