India Infoline Q4 net rises by over 72 per cent to Rs 84.17 crore

NEW DELHI: Financial services firm India Infoline on saturday said its net profit rose by 72.4 per cent to Rs 84.17 crore in the fourth quarter ended March 31, 2013 .

Its net profit during January-March quarter in the previous fiscal stood at Rs 48.80 crore.

Total income of the company in the last quarter of 2012-13 stood at Rs 732.10 crore, up from Rs 632.41 crore.

For the full fiscal 2012-13, total net profit of the firm increased to Rs 279.33 crore, from Rs 136.07 crore.

Total income during the year was at Rs 2,658.11 crore compared to Rs 1,880.37 crore in the year ago.

India Infoline offers financial services such as advice and execution platform for equities and derivatives, commodities, wealth management, asset management, insurance, fixed deposits, loans, investment banking, gold bonds and other small savings instruments.

Shares of the company closed at Rs 70.35 apiece on the BSE on Friday, down 4.35 per cent from their previous close.