The company announced the results on Saturday, 4 February 2012.
Meanwhile, the BSE Sensex was up 198.22 points, or 1.13% to 17,803.18.
On BSE, 2.59 lakh shares were traded in the counter as against average daily volume of 58,093 shares over the past one quarter.
The stock hit a high of Rs 67.20 and a low of Rs 57.90 so far during the day. The stock had hit a 52-week low of Rs 42.80 on 2 January 2012. The stock had hit a 52-week high of Rs 91.20 on 29 June 2011.
The mid-cap stock had outperformed the market over the past one month till 3 February 2012, surging 22.69% compared with the Sensex's return of 10.45%. The stock had, however, underperformed the market in past one quarter, declining 18.5% as against 0.7% gain in the Sensex.
The company has an equity capital of Rs 57.78 crore. Face value per share is Rs 2.
Commenting on Q3 results, Mr Nirmal Jain, Chairman, India Infoline said On a Q-o-Q basis, we have been able to improve our performance significantly despite continued sluggishness in equities trading volumes. Our growth has been driven by distribution of financial products like insurance and growth in retail loan book. The operating environment for all our businesses is likely to improve in 2012.
India Infoline Venture Capital Fund (IIFL VCF), the venture capital arm of India Infoline Group (IIFL), successfully completed the launch of its Real Estate Fund -- 'IIFL Real Estate Fund (Domestic) Series 1' on 25 January 2012. The fund was fully subscribed to its issue size of Rs 500 crore. The fund is a debt and equity linked investment instrument focusing on affordable residential segment across the top 7 cities in the country. IIFL Alternate Asset Advisors is the Investment Manager of the fund.
The India Infoline Group is one of the leading players in the Indian financial services space. The group offers advice and execution platform for the entire range of financial services covering products ranging from equities and derivatives, commodities, wealth management, asset management, insurance, fixed deposits, loans, investment banking, Government of India bonds and other small savings instruments.