The company's consolidated net profit had stood at Rs 51.21 crore in the corresponding quarter a year ago.
Infrastructure lender IDFC Ltd on August 14 reported a tenfold decline in consolidated net profit to Rs 5.18 crore for the first quarter ended June.
The company's consolidated net profit had stood at Rs 51.21 crore in the corresponding quarter a year ago.However, the company's total income rose to Rs 133.04 crore in the April-June 2019 quarter, from Rs 124.41 crore a year ago.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.