India Earnings Season (Bank Results Season): IDFC sings up the riffs

Up 3% on the result announcement minutes, IDFC is likely starting this bull orbit again, fresh at 5380 levels. IDFC does a NII of INR 6.98B on a Sales of INR 17.7B for June 2012. Loan Book has cross INR 500Bln, growing more than 30% . Total Assets are north of INR 650B

PAT of INR 3.8B means annualised EPS crosses into double digits at over 10.1 

Cnsolidated Total Income includingMutual Fund and PE operations is closer to INR19 B and EPS and Net profits hardly move for the Consolidated entity

 

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