IIFCL PROFIT JUMP

Company plans to tap the ECB route for raising funds. Improved profitability has been accompanied by lower non-performing assets with net NPA ratio falling to 0.46% from 1.41% in fiscal 2022-23.

​ India Infrastructure Finance Company Ltd (IIFCL) is planning to raise Rs 2,000 crore through its maiden green bonds in the next six months to fund sustainable projects.

As of now, IIFCL is 100% owned by the government. Jaishankar said that he expects the FY24 profit to cross Rs 1,500 crore.

With regard to InvITs, Managing Director P R Jaishankar said that IIFCL would be more like a financier and it makes more sense to invest at the special purpose vehicle level.

The company's asset quality witnessed improvement as net non-performing assets (NPAs) came down to 5.39 per cent from 9.75 per cent.

India Infrastructure Finance Company Ltd (IIFCL) today reported 47 per cent jump in its net profit at Rs 765 crore for the year ended March 2015.

IIFCL on Monday said it has recorded 47.4 per cent jump in its net profit at Rs 1,000 crore for the year ended March 2013.

In an interview with ET Now, Parag Parik, CFO, Gammon Infrastructure, talks about his companies quarter result.

IRB saw a 10% jump in Q2 net profit to Rs 121 cr, beating analysts’ estimates. Its total income rose 15% YoY to Rs 878 cr in Sept quarter.

State-owned India Infrastructure Finance Company Ltd (IIFCL) has posted two-fold jump in its consolidated net profit at Rs 678 crore for the fiscal ended March, 2012.