India Infoline reports 8% growth in Q1 NP

India Infoline has announced its unaudited results for the quarter ended June 30, 2009.

The company has posted a net profit of Rs 44.50 crore for the quarter ended June 30, 2009 against Rs 41.18 crore for the quarter ended June 30, 2008, up 8.06%. Total income has increased from Rs 168.99 crore to Rs 187.98 crore, registering a growth of 11.23% on Year-on-Year (YoY) basis.

On a consolidated basis, the Group has posted a net profit of Rs 51.67 crore for the quarter under consideration against Rs 49.53 crore in the year ago period, up 4.32%. Meanwhile, the total income has decreased by 4.72% on YoY basis to Rs 256.33 crore from Rs 269.04 crore.