IDFC PAT up 113% in Q1

30-06-04

30-06-05

Income

138.56

256.37

Expenditure

80.84

138.91

PBT

56.81

116.68

Tax

6.00

8.40

PBT

50.81

108.28

(In Rs crore)  Income from treasury operations increased 100 per cent to Rs 22 crore, up from Rs 11 crore last year, while income from operations rose 83 per cent to Rs 234 crore in the first quarter, up from Rs 128 crore in the corresponding period last year. With this, operating income constitutes 91 per cent of total earnings.  Return on average assets post-tax increased from 3.4 per cent to 4.8 per cent during the period under review. This was despite a decline in the average spread on infrastructure lending from 3.3 per cent to 2.3 per cent.