IFCI LTD = RESULTS = FOR Q3 FY 2012 = Q/E DEC,2011 = NPT DOWN 25.42%YoY; NET SALES UP 6%YoY

IFCI Limited

NSE Symbol        IFCI

IFCI LTD  has declared its results for the Q3 FY 2012 ending Dec,2011.

Net Sales for Q3 FY 12 stands at Rs.673 Cr compared to Rs.743.10 cr in Q2 FY 12 (down by -9.43%)and Rs.637.35 Cr in Q3 FY 11 (up by 5.59%).

Total Expenditure stands at Rs.28.33 cr in Q3 FY 12 – compared to Rs.7.18 cr in Q2 FY 12 (Up by  294.57%) and Rs.18.01 cr in Q3 FY 11 (Up by 57.3%).

Profit from Operations stands at Rs.644.67 cr in Q3 FY 12 – compared to Rs.735.92 cr in Q2 FY 12 (down by  -12.4%) and Rs.619.34 cr in Q3 FY 11 (Up by   4.09%).

Interest    Expense stands at  Rs.488.15 cr in Q3 FY 12 – compared to Rs.475.07 cr in Q2 FY 12 (Up by 2.75%) and Rs.363.02 Cr in Q3 FY 11 (Up by 34.47%).

Profit before tax stands at Rs.163.96 cr in Q3 FY 12 – compared to Rs.275.66 cr in Q2 FY 12 (down by  -40.52%); and Rs.259.03 Cr in Q3 FY 11 (down by -36.7%).

Tax expense stands at  Rs.49.91 cr in Q3 FY 12 – compared to Rs.77.40 cr in Q2 FY 12 (down by -35.52%) and Rs.106.11 cr in Q3 FY 11 ( down by -52.96%).

Net Profit  stands at Rs.114.05 cr in Q3 FY 12 – compared to Rs.198.26 cr in Q2 FY 12 (down by -42.47%) and Rs.152.92 cr in Q3 FY 11 (down by -25.42%).

On a Face value of Rs.10, Basic EPS  stands at Rs.1.54 in Q3 FY 12; Rs.2.69 in Q2 FY 12;  Rs.1.79 in Q1 FY 12 ; and Rs.2.07 in Q3 FY 11.

Annual EPS for Fyn 12 is likely to be around Rs.8.

Current Market Price is Rs.25.50 and the 52 week high price is Rs.60; and the 52 week low price  is Rs.19.65

On this Basis, the PE Ratio comes to 3.19.

ANNOUNCEMENTS BY IFCI

19-01-2012        standalone Results for the quarter ended on 31-DEC-2011 as follows: Net Sales of Rs. 67300 lacs for quarter ending on 31-DEC-2011 against Rs. 63735 lacs for the quarter ending on 31-DEC-2010. Net Profit / (Loss) of Rs. 11405 lacs for the quarter ending on 31-DEC-2011 against Rs. 15292 lacs for the quarter ending on 31-DEC-2010

18-04-2011        standalone Results for the year ended on 31-MAR-2011 as follows: Net Sales of Rs. 242164 lacs for year ending on 31-MAR-2011 against Rs. 165705 lacs for the year ending on 31-MAR-2010. Net Profit / (Loss) of Rs. 70625 lacs for the year ending on 31-MAR-2011 against Rs. 67094 lacs for the year ending on 31-MAR-2010.

RESULTS TABLE

I F C I	31-Dec-11	30-Sep-11	%DIF1	30-Jun-11	31-Dec-10	%DIF2
Net Sales	67300	74310	-9.43	60257	63735	5.59
Employees Cost	976	1472	-33.7	1867	948	2.95
Depreciation	318	222	43.24	228	256	24.22
Other Expenditure	1539	-976	-257.7	-6890	597	157.79
Total Expenditure	2833	718	294.57	-4795	1801	57.3
Profit from Operations	64467	73592	-12.4	65052	61934	4.09
Other Income	744	1481	-49.76	786	271	174.54
Interest	48815	47507	2.75	42302	36302	34.47
Profit before tax	16396	27566	-40.52	23536	25903	-36.7
Tax expense	4991	7740	-35.52	10330	10611	-52.96
Net Profit	11405	19826	-42.47	13206	15292	-25.42
Face Value (In Rs	10	10	0	10	10	0
Paid Up Equity	73784	73784	0	73784	73784	0
Basic EPS	1.54	2.69	-42.75	1.79	2.07	-25.6
Diluted EPS	1.2	2.18	-44.95	1.53	1.82	-34.07
Public holding (%)	100	100	0	100	100	0

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