IDFC has reported results for second quarter ended September 30, 2016. 

The company has reported a net profit of Rs 91.07 crore for the quarter ended September 30, 2016 as compared to a net loss of Rs 1411.38 crore for the same quarter in the previous year. The companys total income has decreased by 95.41% to Rs 112.88 crore for the quarter under review from Rs 2458.10 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 80.82% fall in its net profit after taxes, minority interest and share of profit/(loss) of associates at Rs 281.79 crore for the quarter ended September 30, 2016 as compared to Rs 1468.83 crore for the same quarter in the previous year. Total Income of the company has increased by 8.43% to Rs 2704.13 crore for the quarter under review from Rs 2493.86 crore for the quarter ended September 30, 2015.