October 19, 2017 8:35 PM ET

Diversified Financial Services

Company Overview of West Bengal Infrastructure Development Finance Corporation Limited

Company Overview

West Bengal Infrastructure Development Finance Corporation Limited engages in the financing of infrastructure projects. The company operates through two segments, Financing Infrastructure and Core Sector Projects; and Developing Housing Projects. It lends finance to the Government of West Bengal for the infrastructure development of the state The company also lends finance for the construction of airport, seaport, industrial park, hospitals, etc., as well as for power and telecommunication sectors; and develops residential projects. West Bengal Infrastructure Development Finance Corporation Limited was founded in 1997 and is based in Kolkata, India.

Mangalam Building

Block –A

1st Floor

24, Hemanta Basu Sarani

Kolkata,  700001

India

Founded in 1997

Phone:

91 33 2210 5436

Fax:

91 33 2210 5437

Key Executives for West Bengal Infrastructure Development Finance Corporation Limited

Managing Director and Director
Chief Financial Officer, Chief Accounts Officer and Financial Advisor
Head of Bond Section and Company Secretary
Chief Consultant Engineer
Compensation as of Fiscal Year 2017.

West Bengal Infrastructure Development Finance Corporation Limited Key Developments

West Bengal Infrastructure Development Finance Corporation Ltd. Reports Unaudited Standalone Earnings Results for the Six Months and Year Ended March 31, 2016

West Bengal Infrastructure Development Finance Corporation Ltd. reported unaudited standalone earnings results for the six months and year ended March 31, 2016. For the six months, the company's total income was INR 1,575.2 million compared to INR 2,912.6 million a year ago. Profit from ordinary activities before tax was INR 117.8 million against INR 814.3 million a year ago. Net profit was INR 73.9 million or INR 42.15 per share compared to net profit of INR 523.2 million or INR 309.28 per share a year ago. Return on assets was 0.33%, compared to 1.33% for the last year. For the year, the company's total income was INR 3,368.9 million compared to INR 5,327.7 million a year ago. Profit from ordinary activities before tax was INR 280.6 million against INR 1,186.4 million a year ago. Net profit was INR 166.7 million or INR 95.08 per share compared to net profit of INR 771.3 million or INR 450.81 per share a year ago. Return on assets was 0.33%, compared to 1.33% for the last year.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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