IDFC Limited was incorporated in 1997. It is a Non-Banking Finance Company (NBFC) regulated by the Reserve Bank of India. It continues to hold investments in IDFC FIRST Bank and IDFC AMC. It held 39.98% in IDFC FIRST Bank and 99.96% in IDFC AMC. IDFC’s holding in IDFC FIRST Bank has further reduced to 36.60% post the QIP issue done by the Bank in April 2021.
Financial Results:
IDFC Ltd reported Revenues for Q4FY24 of ₹5.73 Crores down from ₹1,797.29 Crore year on year, a fall of 99.68%.
Total Expenses for Q4FY24 of ₹2.39 Crores down from ₹12.81 Crores year on year, a fall of 81.34%.
Consolidated Net Profit of ₹2.89 Crores down 99.84% from ₹1,781.09 Crores in the same quarter of the previous year.
The Earnings per Share is ₹0.02, down 99.82% from ₹11.13 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.