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IDFC consolidated net profit up by 20 pc in 2008-09 H1
Mumbai, Oct 22 (UNI) Infrastructure Development Finance Corporation (IDFC) today reported a net profit of Rs 449 crore for the first half of current fiscal as against Rs 375 crore earned during the same period last year.
IDFC, in a release here, said the Net Interest Income rose by 25 per cent, from Rs 329 crore to Rs 412 crore.
The balance sheet size rose by 28 per cent to touch Rs 28,970 crore with the gross approvals at Rs 74,20 crore witnessing a 12 per cent reduction.
Gross
disbursements
also
saw
a
decline
of
seven
per
cent
at
Rs
4,663
crore
UNI
VK
RN
SKB1811
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Story first published: Wednesday, October 22, 2008, 18:34 [IST]