IIFCL reports more than 3-fold jump in its net profit to Rs 325 crore for fiscal ended March 2021

India Infrastructure Finance Company Ltd (IIFCL) today reported a more than three-fold jump in its net profit to Rs 325 crore for the fiscal ended March 2021, mainly helped by recovery and reduction of bad loans. The company had earned a net profit of Rs 94 crore on a consolidated basis in the previous fiscal.   Announcing annual financial results of the company Managing Director of IIFCL Mr P R  Jaishankar said during the year (2020-21), the company posted record performance with the highest ev...