IFCI net down 33% in Q3

IFCI Ltd on Tuesday reported a 33 per cent decline in net profit for the quarter ended December 31, 2013, at Rs 76 crore (Rs 114 crore). Total income from operations for the quarter under review declined 5.2 per cent to Rs 638 crore (Rs 673 crore). IFCI shares closed at Rs 33.25 at the National Stock Exchange on Tuesday, lower than previous day’s close of Rs 34.10.