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Friday, January 30, 2015

IDFC’s Q3 net down 16%

Soon-to-be-bank IDFC Ltd said that its third quarter net profit fell 16 per cent as finance costs and provisions rose sharply. The infrastructure finance company posted a net profit of Rs401 crore in the quarter ended December 31, 2014 against Rs475 crore in the year-ago period.

Source : Thehindubusinessline


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