*IFCI,* announced a substantial drop in standalone net profit for the quarter ended December 2008 due to sharp decline in its operating income. During the quarter, the profit of the company declined 67.24% to Rs 1,044.80 million from Rs 3,189.40 million in the same quarter last year.
Operating income declined 38.51% to Rs 3,532 million, while total income for the quarter fell 54.13% to Rs 3,597.60 million, when compared with the prior year period. The company posted earnings of Rs 1.35 a share during the quarter, registering 72.78% decline over previous year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Operating Income* 3,532.20 5,744.00 (38.51) *Net Profit* 1,044.80 3,189.40 (67.24) *Basic EPS* 1.35 4.96 (72.78 --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
