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IFCI Ltd Q4FY24; 46% 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 Q4FY24 of ₹605.00 Crores up from ₹414.00 Crore year on year, a rise of 46.14%.

Total Expenses for Q4FY24 of ₹426.00 Crores down from ₹598.00 Crores year on year, a fall of 28.76%.

Consolidated Net Profit of ₹157.00 Crores from -₹241.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.61, from -₹1.16 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: NBFC
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