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IDFC net down 20% at Rs 2.97crore in Q1

Updated : July 31, 2018 07:25 AM IST

IDFC Ltd on Monday reported a 20 percent fall in standalone net profit at Rs 2.97 crore for the quarter ended June compared to Rs 3.71 crore in the April-June period of 2017-18.
Total income during the period rose to Rs 18.35 crore, from Rs 16.61 crore in same period of the preceding fiscal, IDFC said in a regulatory filing.
IDFC Ltd is mainly engaged in investment activities and is owned by institutions including mutual funds, alternate investment funds, foreign portfolio investors, insurance firms and banks among others.
IDFC net down 20% at Rs 2.97crore in Q1

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