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PBT includes write-back of Rs 348 cr bad assets: IFCI

Published on Mon, Oct 15, 2007 at 20:35 , Updated at Mon, Oct 15, 2007 at 21:20
Source : CNBC-TV18

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IFCI announced its Q2 FY08 result. The company in the second quarter of current fiscal posted net profit  of Rs 497 crore versus Rs 116 crore in the same quarter previous year, a growth of 329%. During the corresponding quarter, its total income was up 83.1% at Rs 595 crore versus Rs 325 crore.

In Q2 its PBT includes write-back of Rs 348 cr on account of bad assets.

Other income includes interest on IT refund Rs 132 crore, which boosting net profit.

For complete presser, watch video...

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Decoupling days are coming ahead.........

Dear Treasure contrary to what u Hope one shud except the very fact the US still holds the world in its Tentacles T...

in IFCI - lifaylon at 12-Oct-08 01:39

Decoupling days are coming ahead.........

the last para was Defeaning and Echo-ing the Truth that 70% of indians live in Rural-india which is the Heart of th...

in IFCI - lifaylon at 12-Oct-08 01:31

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