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(15/05/2025 20:40)

IFCI Q4 net profit up 26.46% at Rs 272.54 cr

The company reported standalone net profit of Rs 272.54 crore for the quarter ended March 31, 2025 as compared to Rs 215.51 crore in the same period last year, registering a year-on-year growth of 26.46 per cent.

Net revenue of the company declined substantially by 46.39 per cent at Rs 205.27 crore in January-March quarter of this fiscal as against Rs 382.89 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 568.31 per cent to Rs -297.53 crore from Rs -44.52 crore in year ago period.

Other Income dipped by 67.34 per cent at Rs 17.43 crore versus (Mar'24 Rs 53.37 crore).

Operating Profit surged by 17.64 per cent to Rs 502.80 crore as against Rs 427.41 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 119.43 per cent in March quarter.

Interest declined by 7.71 per cent y-o-y to Rs 134.95 crore, while Taxation decreased by 5.60 per cent at Rs 106.67 crore (Mar'24 Rs 113.00 crore).