IDFC disclosed a substantial drop in consolidated net profit for the quarter ended June 2015. During the quarter, the profit of the company declined 47.23% to Rs 2,542.10 million from Rs 4,817.40 million in the same quarter previous year.
Revenues for the quarter rose marginally 4.87% to Rs 22,258.60 million, compared with Rs 21,225 million for the prior year period.
Earnings per share for the quarter stood at Rs 1.59, registering 49.84% decline over previous year period.
| Quarterly Results - Consolidated (Rs in mn) |
| As at | Jun - 15 | Jun - 14 | %Change |
| Revenues | 22,258.60 | 21,225.20 | 4.87 |
| Net Profit | 2,542.10 | 4,817.40 | (47.23) |
| Diluted EPS | 1.59 | 3.17 | (49.84) |
Shares of the company declined Rs 2.55, or 1.65%, to trade at Rs 151.60. The total volume of shares traded was 1,121,239 at the BSE (12.54 p.m., Thursday).
