IFCI Q3 Results: PSU-NBFC’s net loss widens multifold to ₹59 crore, net-interest income drops 21% YoY
1 month, 1 week ago

IFCI Q3 Results: PSU-NBFC’s net loss widens multifold to ₹59 crore, net-interest income drops 21% YoY

Live Mint  

IFCI Q3 Results: Industrial Finance Corporation of India, or IFCI Limited, announced its October to December quarter on Wednesday, February 12. The company's net loss for the third quarter of the financial year 2024-25 jumped 486 per cent to ₹59 crore, compared to a net profit of ₹10.06 crore in the same quarter a year ago, as per the standalone financial statements. The State-owned non-banking financial company's net interest income dropped 21 per cent in the October to December quarter to ₹80 crore, compared to ₹101 crore in the same period a year ago. The firm's total revenue from core operations dropped 10 per cent to ₹193 crore, compared year-on-year with ₹215 crore in the same period a year ago, as per the BSE filling. IFCI Share Price IFCI Ltd shares closed 1.26 per cent higher at ₹48.98 after Wednesday's stock market session, compared to ₹48.37 at the previous market close.

History of this topic

IRCTC share price hits 52-week low after Q3 results 2025. Opportunity to buy?
1 month, 1 week ago
Stocks to Watch before Budget 2025: ONGC, Vedanta, IndusInd Bank, Sun Pharma, and more
1 month, 3 weeks ago
ICICI Bank Q3 PAT increases 14.8% to ₹11,792 crore
1 month, 3 weeks ago
ICICI Bank Q3 Results 2025 Preview: From net profit, NII to loan growth, here’s what to expect
1 month, 3 weeks ago
ICICI Securities Q3 Results 2025 on 21 Jan, 2025: profit rise by 8.33% YOY, profit at ₹504.46 crore and revenue at ₹1562.71 crore
2 months ago
IFCI Q2 Results 2024: Profit Falls by 12.73% Year-on-Year
Trending News
4 months, 1 week ago
Stocks to Watch: ICICI Bank, Yes Bank, Coal India, Inox Wind, Lodha, REC, and more
4 months, 3 weeks ago
Stocks to Watch: Strong Performance in the Banking and Real Estate Sectors
5 months ago
ICICI Bank stock hits record high, market cap crosses ₹9 lakh crore for first time; What’s driving the rally?
6 months ago
IFCI Q1 Results Live : loss falls by 24.64% YOY
7 months, 1 week ago
Bajaj Finance shares fall as Q1 results disappoint brokerage firms; here’s what they said
7 months, 3 weeks ago
Realty, PSU Bank, FMCG, Pharma drag Sensex by 130 pts; Nifty down 50 pts
1 year, 10 months ago
Breaking News: Defence ministers of Russia, China likely to attend SCO meet in India
1 year, 11 months ago
Debt free company declares ₹28 per share dividend, net profit up 91% in Q3
2 years, 1 month ago
Stocks to Watch: JSW Energy, ICICI Securities, Biocon, RBL Bank, NLC
2 years, 8 months ago
IFCI aims to mobilise up to ₹2,000 crore from sale of non-core assets this fiscal
5 years, 8 months ago
IFCI raises Rs 790 cr in second tranche of NCD issue
10 years, 2 months ago

Discover Related