IFCI Q3 FY25 Loss Widens 486% to ₹59 Crore, NII Falls 21%

IFCI Limited, a state-owned non-banking financial company (NBFC), reported a sharp increase in its net loss for the October-December quarter of the financial year 2024-25. IFCI  posted a net loss of ₹59 crore, a 486% rise compared to a net profit of ₹10.06 crore in the same period last year.

Drop in Net Interest Income

Net interest income (NII), which is a key revenue source for non-deposit-taking lenders, declined by 21% year-on-year. It fell to ₹80 crore in Q3, down from ₹101 crore in the corresponding quarter last year.

Revenue Decline

IFCI’s total revenue from core operations decreased by 10% to ₹193 crore, compared to ₹215 crore in the same quarter a year ago, as per its BSE filing.

About IFCI

IFCI, formerly known as the Industrial Finance Corporation of India, is a development finance institution owned by the Ministry of Finance, Government of India. Founded in 1948 as a statutory corporation, it is now a publicly listed company on BSE and NSE. IFCI operates with seven subsidiaries and one associate.

IFCI share price is currently trading at ₹48.91, down 0.16% today. The stock opened at ₹47.85, reaching a high of ₹49.27 and a low of ₹47.20. It has a market capitalisation of ₹12,780 crore and a P/E ratio of 96.91. The 52-week high stands at ₹91.40, while the 52-week low is ₹35.80. Over the past year, IFCI Ltd has declined by 12.55%, but in the last five years, it has surged by 696.10%.

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