Operational income at Rs 627 crore
Thesynergyonline Corporate Bureau
NEW DELHI, FEBRUARY 05 : IFCI registered operational income of Rs .627 crore in the third quarter FY2018 , higher than Rs 577 crore for the third quarter 3 for FY- 2017.
operational profit of Rs 116 crorein the third quarter as against Rs 41 crore in the third quarter of FY 2017. However, on a prudential basis due to higher provisions of Rs 412 crore in the December 2017 quarter as compared to Rs 140 crore in December 2016 quarter, the current quarter ended with a net loss of Rs 177 crore as against net loss of Rs 45 crore in December 2016 quarter. about Rs.2,075 crore in this period.