Time period lender IFCI on Wednesday reported a consolidated web revenue of Rs 209 crore for September quarter 2022-23.
The corporate had incurred a web lack of Rs 445 crore in the identical quarter a yr in the past.
Whole revenue elevated to Rs 425 crore in July-September 2022-23 from Rs 373 crore in the identical quarter of earlier monetary yr, IFCI stated in a regulatory submitting.
Curiosity revenue decline to Rs 110 crore throughout the quarter from Rs 142 crore a yr in the past.
On standalone foundation, IFCI earned a revenue of Rs 110 crore throughout the quarter as in comparison with Rs 526 crore earlier.
Whole revenue of the corporate rose to Rs 126 crore from Rs 106 crore.
The corporate acquired Rs 100 crore on September 17, 2022 from the Centre in direction of subscription to the share capital as share utility cash, it stated.
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