India Infoline's Q3 net profit up 12.7 pc at Rs 67 cr
MUMBAI: Brokerage firm India Infoline today said its consolidated net profit after tax and minority interests grew 12.70 per cent to Rs 67.06 crore for the third quarter ended December 31, 2010, over the corresponding period a year ago.
The group had a consolidated net profit from ordinary activities after tax and minority interests at Rs 10.77 crore for the same quarter last fiscal, India Infoline Limited said in a filing with the National Stock Exchange.
Total income of the group increased to Rs 459.58 crore for the quarter under review from Rs 289.58 crore for the same period previous fiscal.
For the nine-month period ended December 31, 2010, consolidated net profit from ordinary activities after tax and minority interests declined to Rs 164.34 crore from Rs 169.21 crore in the same period previous year.
Consolidated total income rose to Rs 1105.27 crore in the nine-month period under review from Rs 813.90 crore during the same period last fiscal.
However, its standalone net profit after tax dropped to Rs 37.71 crore in the third quarter under review from Rs 52.13 crore in the same period last fiscal.
Standalone total income jumped to Rs 207.36 crore in the quarter under review from Rs 188.92 crore in the same period a year ago.
IIFL offers execution platform for the entire range of financial services ranging from equities and derivatives, Commodities, Wealth management, asset management, insurance, fixed deposits, loans, investment banking, Government bonds and other small savings instruments.
Shares of the company closed at Rs 75.15 on Friday, down 4.33 per cent from the previous close on the NSE.
The group had a consolidated net profit from ordinary activities after tax and minority interests at Rs 10.77 crore for the same quarter last fiscal, India Infoline Limited said in a filing with the National Stock Exchange.
Total income of the group increased to Rs 459.58 crore for the quarter under review from Rs 289.58 crore for the same period previous fiscal.
For the nine-month period ended December 31, 2010, consolidated net profit from ordinary activities after tax and minority interests declined to Rs 164.34 crore from Rs 169.21 crore in the same period previous year.
Consolidated total income rose to Rs 1105.27 crore in the nine-month period under review from Rs 813.90 crore during the same period last fiscal.
However, its standalone net profit after tax dropped to Rs 37.71 crore in the third quarter under review from Rs 52.13 crore in the same period last fiscal.
Standalone total income jumped to Rs 207.36 crore in the quarter under review from Rs 188.92 crore in the same period a year ago.
IIFL offers execution platform for the entire range of financial services ranging from equities and derivatives, Commodities, Wealth management, asset management, insurance, fixed deposits, loans, investment banking, Government bonds and other small savings instruments.
Shares of the company closed at Rs 75.15 on Friday, down 4.33 per cent from the previous close on the NSE.
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