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 Q3FY25 of ₹457.55 Crores up from ₹454.46 Crore year on year, a rise of 0.68%.
Total Expenses for Q3FY25 of ₹362.96 Crores down from ₹397.42 Crores year on year, a fall of 8.67%.
Consolidated Net Profit of -₹8.74 Crores from ₹39.32 Crores in the same quarter of the previous year.
The Earnings per Share is -₹0.12, from ₹0.08 in the same quarter of the previous year.