IFCI Reports Mixed Q4 Results: Profit Up Year-Over-Year, Revenue Declines
IFCI Ltd reported a consolidated net profit of ₹260.00 crore in Q4, up 62.50% year-over-year, despite a 44.44% revenue decline to ₹150.00 crore. The company's Q4 performance showed volatility with a ₹8.70 crore loss compared to the previous quarter's profit. Annual revenue increased by 22.36% to ₹2,114.80 crore, with a net profit of ₹241.10 crore, marking a turnaround from the previous year's loss. Operating profit margin improved to 53.95% in Q4.