The private equity fund management company IL&FS Investment Managers has declared its first quarter financial results for the fiscal year 2010-11. The company has posted a net profit of Rs 17.68 crore for this quarter ended in the 30th of June.  

The net profit of the firm was reported to be Rs 17.70 crore for the similar quarter in the previous year. Hence there has been a marginal up in the net profit figure this time against last year's record. IL&FS Investment Managers has informed this fact in a filing to the Bombay Stock Exchange (BSE).

So far as the Income from operations of the firm are concerned, there has been a marginal decline.

It is reported to be Rs 43.11 crore during the April-June period of fiscal year 2010 as compared to has Rs 43.51 crore for the corresponding quarter in the preceding year.

Consolidated revenue and profits of the company remained flat in this quarter under review while there has been a hike in the funds under management of the account of foreign exchange.