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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IFCI = RESULTS = Q4 & FY 2011 = LACK LUSTRE

IFCI LTD

Results for Q4 FY 2011

IFCI  has achieved Net Sales for Q4 FY 11 of Rs.673.91 cr; which  is up by 5.74% from previous qtr and up by 24.29% from corresponding Qtr.

Total Expenditure is Rs.4.99 Cr – compared to Rs.18.01 cr in previous qtr and Rs(-)125.28 cr in corresponding Qtr.

Profit from Operations is Rs.668.92 cr – up by 8.01% from previous qtr and marginally up by 0.22% from corresponding qtr.

Profit Before tax for Q4 FY 11 is Rs.386.08 cr – up by 49.05% from previous qtr and down by 5.68% from corresponding qtr.

Net Profit is Rs.233.03 cr  - up by 52.39% from previous qtr but down by 4.23% from corresponding qtr of Q4 FY 10.

The company board has proposed a 10 % dividend for FY 11.

For the total year ended March 31, 2011, the company has posted a net profit of Rs 706 Cr against Rs 671 Cr in the previous year, up by 5 per cent.

Total income has improved from Rs 1,679.3 Cr for the year ended March 31, 2010 to Rs 2,486.3 Cr for the year ended March 31, 2011.

On consolidated basis, IFCI’s net profit rose to Rs 745.5 Cr for FY’11 as compared to Rs 693 Cr in the  FY’10.

RESULTS TABLE :

I F C I	31-Mar-11	31-Dec-10	31-Mar-10
Net Sales	67391	63735	54220
Employees Cost	2493	948	2755
Depreciation	257	256	223
Other Expenditure	-2251	597	-15506
Total Expenditure	499	1801	-12528
Profit from Operations	66892	61934	66748
Other Income	4271	271	-175
Interest	32555	36302	25638
Profit Before tax	38608	25903	40935
Tax expense	15305	10611	16602
Net Profit	23303	15292	24333
Face Value (In Rs	10	10	10
Paid Up Equity	73784	73784	73784
Basic EPS	3.16	2.07	3.29
Diluted EPS	2.71	1.82	2.03
Public holding (%)	100	100	100

ANNOUNCEMENTS TO NSE

18-04-2011        Board of Directors of the Company at its meeting held on April 18, 2011 has recommended a dividend @ Re.1 per share i.e. 10% for the year ended March 31, 2011, subject to the approval of shareholders at the ensuing Annual General Meeting.

18-04-2011        consolidated Results for the year ended on 31-MAR-2011 as follows: Net Sales of Rs. 256683 lacs for year ending on 31-MAR-2011 against Rs. 174345 lacs for the year ending on 31-MAR-2010. Net Profit / (Loss) of Rs. 74553 lacs for the year ending on 31-MAR-2011 against Rs. 69304 lacs for the year ending on 31-MAR-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.

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