IFCI Limited — Results, 12-02-2025: Integrated Filing- Financial
12-02-2025 | 06:47 pm
12-02-2025 | 06:47 pm
The Board has convened a meeting and approved the financial results for the quarter and nine-months ended December 31, 2024. For this period, standalone revenues were reported at ₹475.23 crore, with a net loss of ₹228.75 crore, and a CRAR of -54.10%, significantly below regulatory requirements, highlighting financial stress. The results reflect increased provisioning under RBI norms. The recent capital infusion of ₹500 crore from the Government of India and ongoing discussions for group consolidations may offer some strategic advancements. Investors might view this as a mixed scenario, balancing potential recovery from capital raises against underlying financial pressures.
No comments yet. Be the first to comment!
