Infrastructure Development Finance Company Ltd (IDFC), on Monday, reported 44.84 per cent jump in net profit at Rs 123.25 crore for the fourth quarter ended March 31, 2008 as against Rs 85.09 crore in the corresponding quarter last year.

Total income of the company for the quarter under review rose 66.25 per cent to Rs 682.27 crore from Rs 410.38 crore in the year-ago quarter. Net profit for the year ended March 31, 2008 increased by 44.57 per cent to Rs 669.17 crore from Rs 462.87 crore in the previous year. Total Income increased from Rs 1505.74 crore to Rs 2535.42 crore, registering 68.38 per cent growth.

As per the Consolidated results, the Group posted net profit of Rs 149.41 crore for the quarter ended March 31, 2008 as compared to Rs 92.98 crore in the same quarter last year, recording 60.36 per cent growth. Total Income rose  80.81 per cent to Rs 773.37 crore from Rs 427.71 crore in the last quarter a year earlier.

The audited consolidated results for the year ended March 31, 2008 envisages a net profit of Rs 742.15 crore as compared to Rs 503.93 crore in last year, an increase of 47.27 per cent. Total Income increased to Rs 2,806.48 crore from Rs 1,571.29 in the previous fiscal.