IDFC = Infrastructure Development Finance Company Limited = RESULTS FOR = Q3 FY 2012 = Q/E DEC,2011 = NET SALES UP 25.5%; CONS-NPT UP 18.6% YoY

Infrastructure Development Finance Company Limited

NSE Symbol        IDFC

Infrastructure Development Finance Company has declared consolidated Results for the third quarter ending Dec,2011.

Net Sales in Q3 FY 12 stands at Rs.1639.18 Cr – down by -4.42% from Q2 FY 12; Up by 21.30% from Q1 FY 12; and Up by  25.49% from Q3 FY 11.

Other Expenditure  in Q3 FY 12 stands at Rs.142.09 Cr – up by 31.80% from Q2 FY 12; up by 80.63% from Q1 FY 12; and up by 24.18% from Q3 FY 11

Total Expenditure in Q3 FY 12 stands at Rs.224.36 Cr – up by 15.35% from Q2 FY 12; up by 46.59% from Q1 FY 12 and up by 5.81% from Q3 FY 11

Profit from Operations in Q3 FY 12 stands at Rs.1414.81 – down by  -6.95% from Q2 FY 12; Up by  18.07% from Q1 FY 12; and up by  29.3% from Q3 FY 11.

Interest expense  in Q3 FY 12 stands at Rs.880.21 Cr – up by 6.57% from Q2 FY 12; Up by 16.75% from Q1 FY 12; and up by 35.41% from Q3 FY 11.

Profit before tax in Q3 FY 12 stands at Rs.535.29 Cr – down by  -23.04% from Q2 FY 12; up by 18.69% from Q1 Fy 12; and up by 19.5% from Q3 FY 11.

Tax Expense in Q3 FY 12 stands at Rs.153.66 Cr down by  -10.38% from Q2 FY 12; up by 11.53% from Q1 FY 12; and up by     20.77% from Q3 FY 11.

Net Profit in Q3 FY 12 stands at Rs.381.63 Cr – down by -27.18% from Q2 FY 12; up by 21.84% from Q1 FY 12; and up by 19% from Q3 FY 11.

Consolidated NPT in Q3 FY 12 stands at Rs.381.22 Cr – down by         -27.29% from Q2 FY 12; up by 21.52% from Q1 FY 12; and up by 18.58% from Q3 FY 11.

Paid-up Equity in Q3 FY 12 stands at Rs.1463.54 Cr and Face Value is Rs.10

Basic EPS  in Q3 FY 12 is Rs.2.5 – against Rs.3.48 in Q2 FY 12; Rs.2.05 in Q1 FY 12; Rs.2.08 in Q3 FY 11.

On this basis, annual EPS may be around Rs.10.53.

The current Market price is Rs.133.40;   While the 52 week high price is Rs.167.20; and the 52 week low price  is Rs.90.40.

The PE Ratio comes to 12.67.

ANNOUNCEMENTS BY IDFC

10-02-2012        consolidated Results for the quarter ended on 31-DEC-2011 as follows: Net Sales of Rs. 163917.62 lacs for quarter ending on 31-DEC-2011 against Rs. 130625.6 lacs for the quarter ending on 31-DEC-2010. Net Profit / (Loss) of Rs. 38121.62 lacs for the quarter ending on 31-DEC-2011 against Rs. 32147.28 lacs for the quarter ending on 31-DEC-2010.

10-02-2012        standalone Results for the quarter ended on 31-DEC-2011 as follows: Net Sales of Rs. 158223.11 lacs for quarter ending on 31-DEC-2011 against Rs. 116214.62 lacs for the quarter ending on 31-DEC-2010. Net Profit / (Loss) of Rs. 38708.43 lacs for the quarter ending on 31-DEC-2011 against Rs. 30422.55 lacs for the quarter ending on 31-DEC-2010.

CONSOLIDATED RESULTS TABLE

IDFC-CONSOL	Q3FY12	Q2FY12	%DIF1	Q1FY12	%DIF2	Q3FY12	%DIF3
Net Sales	163917.6	171,492.80	-4.42	135,134.11	21.30	130,625.60	25.49
Employees Cost	7264.1	7,704.02	-5.71	6,491.94	11.89	8,736.75	-16.86
Depreciation	963.55	965.82	-0.24	946.93	1.76	1,026.46	-6.13
Other Expenditure	14208.5	10,780.53	31.80	7,866.17	80.63	11,441.52	24.18
Total Expenditure	22436.15	19,450.37	15.35	15,305.04	46.59	21,204.73	5.81
Profit from Operations	141481.5	152,042.43	-6.95	119,829.07	18.07	109,420.87	29.3
Other Income	69.1	110.95	-37.72	664.04	-89.59	375.35	-81.59
Interest	88021.3	82,597.16	6.57	75,393.83	16.75	65,001.87	35.41
Profit before tax	53529.27	69,556.22	-23.04	45,099.28	18.69	44,794.35	19.5
Tax Expense	15366.4	17,145.56	-10.38	13,778.01	11.53	12,723.88	20.77
Net Profit	38162.87	52,410.66	-27.18	31,321.27	21.84	32,070.47	19
Minority Interest	99.39	-5.19	-2,015.03	-		-24.94	-498.52
Shares of Associates	-58.14	-11.46	407.33	-51.96	11.89	-51.87	12.09
Consolidated NPT	38121.62	52,427.31	-27.29	31,369.53	21.52	32,147.28	18.58
Face Value (in Rs.)	10	10	0.00	10	0.00	10	0
Paid-up Equity	146353.7	146,332.70	0.01	146,277.16	0.05	146,076.54	0.19
Basic EPS	2.5	3.48	-28.16	2.05	21.95	2.08	20.19
Public holding (%)	100	100	0.00	100	0.00	100	0

 *  *  *   E  N  D  *  *  *