IFCI Ltd has reported a 2 percent drop in net profit for the quarter ended September 30,2011 at Rs198.26 crore (Rs 202.30 crore).
Income from operations for the quarter under review increased 21 per cent to Rs 743.10 crore (Rs 612.19 crore).
For the six months ended September 30, 2011, IFCI reported a net profit of Rs 330.32 crore (Rs 320.30 crore).
Income from operations for the fist half of the current fiscal stood at Rs 1,345.67 crore (Rs 1,106.89 crore).