IDFC Result

Infrastructure Development Finance Company Ltd (IDFC) has announced the following results for the quarter & year ended March 31, 2008:

The Unaudited results for the Quarter ended March 31, 2008

The Bank has posted a net profit of Rs 1232.50 million for the quarter ended March 31, 2008 as compared to Rs 850.90 million for the quarter ended March 31, 2007. Total Income has increased from Rs 4103.80 million for the quarter ended March 31, 2007 to Rs 6822.70 million for the quarter ended March 31, 2008
Trend Stocks: Infrastructure Development Finance Company Ltd (IDFC) has informed BSE that the Board of Directors of the Company at its meeting held on April 28, 2008, inter alia, has proposed a dividend @ 12%, subject to the approval of members at the ensuing Annual General Meeting.