IDFC analysis

During FY16, your Company transferred its financing undertaking into IDFC Bank Limited (IDFC
Bank)effective October 1, 2015, post receipt of approval from Honourable High Court of Madras to
demerger scheme and on fulfilment of all conditions mentioned in the demerger scheme and receipt
of Universal Banking License by IDFC Bank.

From October 1, 2015, your Company is operating as NBFC -Investment Company, mainly holding
investment in IDFC Financial Holding Company Limited (IDFC FHCL)(Non Operative Financial Holding
Company), which in turn holds investments in IDFC Bank, IDFC Asset

Management Company Limited, IDFC Alternatives Limited, IDFC Securities Limited and IDFC
Infrastructure Finance Limited (formerly IDFC Infra Debt Fund Limited).During the year under review,
IDFC Limited (IDFC or the Company) infused additional equity in IDFC FHCL which has been dealt
with in detail in the paragraph on Subsidiary companies.

Balance sheet size increased from Rs, 9,620 crore as at March 31, 2016 to Rs, 9,878 crore as at
March 31, 2017. Profit After Tax for the year was Rs, 55.75 crore as compared to loss of Rs, 1,162.14
crore in previous year ended March 31, 2016. Net worth of the Company as at March 31,2017 was
Rs, 9,650 crore as compared to Rs, 9,589 crore as at March 31, 2016.

IDBI analysis
As on March 31, 2017, your Bank’s aggregate deposits and advances touched Rs.2,68,538 crore and
Rs.1,90,826 crore, respectively. During the year under review, your Bank’s total income amounted to
Rs.31,759 crore, comprising interest income of Rs.27,791 crore and other income of Rs.3,968 crore.
Total expenditure (excluding provisions and contingencies) stood at Rs.27,180.52 crore with interest
expenses at Rs.22,040 crore and operational expenses at Rs.5,141 crore. However, total provisioning
of your Bank increased in view of continued stress on the Bank’s portfolio. The provisions include
Rs.13,875.09 crore towards provision for nonperforming assets, bad debts written-off and
investments. As a result, your Bank incurred a net loss of Rs.5,158.14 crore during 2016-17.