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IFCI Ltd Q1FY25; 21% rise in Revenue

IFCI, previously known as Industrial Finance Corporation of India, is an Indian Government owned non banking finance company established to cater to the long-term finance needs of the industrial sector.

Financial Results:

IFCI Ltd reported Revenues for Q1FY25 of ₹388.00 Crores up from ₹320.00 Crore year on year, a rise of 21.25%.

Total Expenses for Q1FY25 of ₹365.00 Crores down from ₹452.00 Crores year on year, a fall of 19.25%.

Consolidated Net Profit of -₹88.00 Crores from -₹129.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.41, from -₹0.64 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.

Tags: Finance
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