IDFC Ltd Share Price – NSE  /  BSE

Finance, Small Cap

IDFC has fixed 16 July 2024 as record date for payment of interim dividend of Re 1 per equity share of the company. The dividend will be paid to eligible shareholders on or after 23 July 2024.

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IDFC announced that the Board of Directors of the Company at its meeting held on 04 July 2024, has recommended a Interim dividend of Rs.1 per share (i.e.10%), subject to the approval of the shareholders.

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IDFC will hold a meeting of the Board of Directors of the Company on 4 July 2024.

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Net profit of IDFC declined 89.73% to Rs 347.85 crore in the quarter ended March 2024 as against Rs 3387.39 crore during the previous quarter ended March 2023. Sales declined 81.43% to Rs 9.77 crore in the quarter ended March 2024 as against Rs 52.60 crore during the previous quarter ended March 2023.

For the full year,net profit declined 75.36% to Rs 1045.58 crore in the year ended March 2024 as against Rs 4243.89 crore during the previous year ended March 2023. Sales declined 57.39% to Rs 65.54 crore in the year ended March 2024 as against Rs 153.83 crore during the previous year ended March 2023.

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