IDFC First Bank Q3 Results

IDFC First Bank Q3 Results: PAT falls 53% YoY on account of higher provisions

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IDFC First Bank Q3 Results: PAT falls 53% YoY on account of higher provisions

Kolkata: IDFC First Bank on Saturday reported a 53% year-on-year fall in net profit for the third quarter, on account of higher provisions to cover stressed loans. The net profit was Rs 339 crore for the quarter against Rs 716 crore in the year ago period. The bank attributed the fall in profit to the … Read more

IDFC First Bank Q3 results: PAT declines 53% YoY; NII grows 14%

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IDFC First Bank Q3 results: PAT declines 53% YoY; NII grows 14%

Private lender IDFC First Bank on Saturday, January 25 announced its quarterly results for the period ended December 2024, wherein the bank’s net profit de-grew by 15% YoY while its net interest income (NII) surged by 14% YoY to Rs 4,902 crore. The bank’s PAT was reported at Rs 339 crore for Q3FY25 versus Rs … Read more