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

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Press Trust of India New Delhi
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.

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

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