India Infoline Finance net up 17% at Rs 184 cr in Oct-Mar

India Infoline Finance Limited today reported a 16.7 per cent rise in consolidated net profit at Rs 184.11 crore for the six-month period ended March, 2016.
The company had posted a net profit of Rs 157.82 crore in the corresponding period of 2014-15 fiscal.
The consolidated income increased to Rs 1,447.76 crore in the October-March period of the latest fiscal as against Rs 1,271.30 crore in the year-ago period, it said in a regulatory filing.
For the entire 2015-16 fiscal, the net profit (consolidated) rose by 12.4 per cent to Rs 338.70 crore compared with Rs 301.23 crore in the preceding fiscal.

Consolidated income during the fiscal increased to Rs 2,765.38 crore from Rs 2,411.09 crore.
India Infoline Finance Limited, a non-banking financial company, is a subsidiary of IIFL Holdings.
Its services include home loans, loan against property, loan against gold, commercial vehicle finance, capital market finance, medical equipment finance and SME business loan.
During the latest fiscal, the company's Board of Directors declared and paid interim dividend of Rs 2.75 per equity share, it said.