Q1FY21 results: IDFC records net loss of Rs 26.46 crore
IDFC Limited announced its Q1FY21 results on Aug 27, 2020. Company reported loss of Rs 26.46 crore for Q1FY21. It declined by 610.8 per cent as compared to Rs 5.2 crore that it had reported in Q1FY20.
Net interest income (NII) stood at Rs 4.46 crore as against Rs 3.97 crore it reported in Q1FY20. A growth of 12.3 per cent YoY.
Total income declined by 21.8 per cent YoY to Rs 103.99 crore in Q1FY21. It had reported total income of Rs 133.04 crore in Q1FY20.
Operating profit for Q1FY21 stood at Rs 33.76 crore. A decline of 55 per cent YoY as against Rs 75.01 crore in Q1FY20.
On Friday, share price of company at 11:38am is trading at Rs 29.3 up by 2.27 per cent.
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Particulars
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Q1FY21
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Q1FY20
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Change
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Net Profit(loss)
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(26.46)
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5.18
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-610.8%
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Net interest income
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4.46
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3.97
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12.3%
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Operating profit
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33.76
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75.01
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-55.0%
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