IFCI PERFORMANCE REVIEW
FY 2010 VS FY2009
IFCI HAS PERFORMED MUCH BETTER IN FY2010 - compared to FY2009.
Its net profit rose by 71 per cent to Rs 243 Cr for the quarter ended March 31, 2010, compared to the corresponding period last year.
Total income rose to Rs 540 crore for the quarter ended March 31 from Rs 369 crore in the corresponding period last year.
Net Sales for the year rose to Rs. 174345 lakhs from Rs.143222 lakhs last year.
The consolidated net profit for FY 2010 rose to Rs.69304 lakhs from Rs.66284 lakhs last year, an increase of 4.68 %..
The board has proposed a dividend of Re 1 per share for the year against 0.80 last year.
Basic EPS for the year rose to Rs.9.38 from Rs.8.63 last year.
Shares of IFCI Ltd were trading at Rs 52.95 on the BSE.
The P/E works out to 5.64. At current level of progress of performance, the share can merit better valuations.
Description : FY2010(in lakhs) : FY2009( in lakhs)
Net Sales : 174345 : 143222
Consumption of Raw Materials :1732 :-
Employees Cost :7121 : 5704
Depreciation : 1127 : 812
Other Expenditure : -37666 : -36067
Total Expenditure : -27686 : -29551
PB OI,INTT :202031 : 172773
Other Income :1744 : 8097
PB Interest : 203775 : 180870
Interest : 88905 : 78952
Profit after Interest : 114870 :101918
P B T : 114870 ; 101918
Tax Expense : 45566 :35634
P A T : 69304 : 66284
Net Profit (+) : 69304 : 66284
Consolidated Net Profit (+) : 69304 :66284
Dividend (%) : 10%- : 8%-
Face Value (in Rs.) : 10 : 10
Basic EPS (in Rs.) : 9.38 : 8.63
Diluted EPS(in Rs.) :5.86 : 4.61
ANNOUNCEMENTS BY IFCI
30-04-2010 IFCI Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on April 30, 2010 inter-alia has recommended a dividend @ Re.1per share i.e. 10% for the year ended March 31, 2010, subject to the approval of shareholders at the ensuing Annual General Meeting.
30-04-2010 IFCI Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-MAR-2010 as follows: Net Sales of Rs. 54220 lacs for quarter ending on 31-MAR-2010 against Rs. 35626 lacs for the quarter ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 24333 lacs for the quarter ending on 31-MAR-2010 against Rs. 14254 lacs for the quarter ending on 31-MAR-2009.
30-04-2010 IFCI Limited has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2010 as follows: Net Sales of Rs. 165705 lacs for year ending on 31-MAR-2010 against Rs. 140207 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 67094 lacs for the year ending on 31-MAR-2010 against Rs. 65715 lacs for the year ending on 31-MAR-2009.
30-04-2010 IFCI Limited has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2010 as follows: Net Sales of Rs. 174345 lacs for year ending on 31-MAR-2010 against Rs. 143222 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 69304 lacs for the year ending on 31-MAR-2010 against Rs. 66284 lacs for the year ending on 31-MAR-2009.
No comments:
Post a Comment