IFCI Q1 Results: Revenue declines, profit improves sequentially to Rs.60 crore
New Delhi, Aug. 11 -- IFCI announced its financial results for the June-ended quarter today, reporting a mixed performance, with net profit improving sequentially but remaining broadly flat year-on-year, while revenue declined on both YoY and QoQ bases.
For the June-ended quarter (Q1FY27), the non-banking financial company reported revenue from operations of Rs.358 crore, down 20% from Rs.445 crore in the corresponding quarter last year. Sequentially, revenue also declined from Rs.470.55 crore reported in Q4FY26.
Interest income stood at Rs.113.28 crore during the quarter, compared with Rs.104.48 crore in Q1FY26.
Meanwhile, dividend income surged to Rs.11 crore from just Rs.0.06 crore in the year-ago quarter and also improved sharply f...
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