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IDFC Ltd Q1 net profit declines to Rs 5 cr

Press Trust of India  |  New Delhi 

Infrastructure lender IDFC Ltd on Wednesday reported a tenfold decline in consolidated net profit to Rs 5.18 crore for the first quarter ended June.

The company's consolidated net profit had stood at Rs 51.21 crore in the corresponding quarter a year ago.

However, the company's total income rose to Rs 133.04 crore in the April-June 2019 quarter, from Rs 124.41 crore a year ago.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, August 14 2019. 21:55 IST