Shares in Infrastructure Development Finance Co Ltd<http://economictimes.indiatimes.com/topic/Infrastructure-Development-Finance-Co-Ltd>rose as much as 4 per cent after the lender mainly for infrastructure projects reported a 21.02 per cent growth in profit at Rs 3.8 billion in the April-June quarter.
"IDFC continues to deliver robust NIMs on the back of effective ALM<http://economictimes.indiatimes.com/topic/ALM>management. While there has been good pickup in loan momentum this quarter," Morgan Stanley<http://economictimes.indiatimes.com/topic/Morgan-Stanley>said in a note. In banking, asset and liability management (ALM)is the practice of managing risks that arise due to mismatches between the assets and liabilities (debts and assets) of the bank. Analysts expect to gain further insights from the company's conference call with analysts that starts at 11.a.m On Thu, Aug 16, 2012 at 12:15 PM, Puransingh Kochar <[email protected]>wrote: > > IDFC's net interest income (NII) rose 30% to Rs 629 crore in Q1 June 2012 > over Q1 June 2011. NII from loans increased by 30% to Rs 555 crore in Q1 > June 2012 over Q1 June 2011. NII from treasury operations increased by 35% > to Rs 74 crore in Q1 June 2012 over Q1 June 2011. > > Non interest income increased by 24% to Rs 137 crore in Q1 June 2012 over > Q1 June 2011. Income from principal investments were at Rs 2 crore. Asset > management fees increased by 3% to Rs 64 crore in Q1 June 2012 over Q1 June > 2011. Investment banking and Institutional broking income decreased by 38% > to Rs 9 crore in Q1 June 2012 over Q1 June 2011. Loan related and other > fees increased by 78% to Rs 62 crore in Q1 June 2012 over Q1 June 2011. > > The company's gross loan book increased 34% to Rs 50892 crore as on 30 > June 2012 in Q1 June 2012 over Q1 June 2011. Gross approvals doubled to Rs > 11,744 crore in Q1 June 2012, from Rs 5,799 crore in Q1 June 2011. Gross > disbursements increased by 55% to Rs 4502 crore in Q1 June 2012 over Q1 > June 2011. Cumulative outstanding approvals were at Rs 76,412 crore as on > 30 June 2012. > > Net non-performing assets (NPAs) were at 0.14% of outstanding loans as on > 30 June 2012, higher than 0.10% as on 30 June 2011. The company's average > assets under management (AUM) were at Rs 36472 crore. > > IDFC provides infrastructure-financing services. It provides financing > products and fee based services to infrastructure projects. The company > also offers asset management services through IDFC Mutual Fund. > > -- CA. Rajesh Desai -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
