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IDFC net down in 2014-15

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IANS Chennai

City-based IDFC Ltd on Thursday said it closed last fiscal (2014-15) with a net profit of Rs.1,685.49 crore down from Rs.1,701.12 crore earned during 2013-14.

In a regulatory filing in BSE, the company said its total income has increased from Rs. 8,231.93 crore for the year ended March 31, 2014 to Rs.9,212.63 crore for the year ended March 31, 2015.

The company's net non-performing assets (NPA) went down to Rs.119.57 crore as on March 31, 2015 from Rs.220.58 crore as on March 31, 2014.

The company board has recommended a dividend of Rs.2.60 per share.

 

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First Published: Apr 30 2015 | 6:04 PM IST

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