IFCI reports profit surge, improved capital adequacy for FY25
IFCI Limited reported a consolidated profit after tax (PAT) of ₹348.61 crore for FY 2024-25, a substantial rise from ₹241.05 crore in the previous year. Total comprehensive income also surged to ₹7,010.70 crore from ₹575.38 crore, primarily due to a significant increase in the fair valuation of a subsidiary's investments. On a standalone basis, PAT stood at ₹43.80 crore.
The company's capital to risk assets ratio (CRAR) improved significantly to -23.04% for FY 2024-25, up from -48.35% in the prior year, indicating enhanced financial stability. IFCI also successfully recovered ₹580 crore from non-performing assets (NPAs) and security receipts (SRs), despite not sanctioning any new loans or disbursements during the year.
The 32nd annual general meeting (AGM) is scheduled for October 29, 2025, at 11:30 A.M. through video conference. The e-voting period for shareholders will commence on October 26, 2025, and conclude on October 28, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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