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IDFC First Bank reports Profit after tax of Rs 3427.30 Mln, in the March 2022 quarter

30 Apr 2022 Evaluate
The revenue for the March 2022 quarter is pegged at Rs. 45536.40 millions, about 14.04% up against Rs. 39928.70 millions recorded during the year-ago period.Net Profit for the quarter ended March 2022 zoomed to 168.16% from Rs. 1278.10 millions to Rs. 3427.30  millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Interest Earned 45536.40 39928.70 14.04 171726.80 159678.60 7.55 171726.80 159678.60 7.55
Other Income 8312.40 8183.10 1.58 32220.40 22113.30 45.71 32220.40 22113.30 45.71
Interest Expended 18844.00 20326.10 -7.29 74665.20 85876.00 -13.05 74665.20 85876.00 -13.05
Operating Expenses 26739.60 26739.60 24.05 96444.50 70932.80 35.97 96444.50 70932.80 35.97
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 3694.70 5799.00 -36.29 31085.80 20225.30 53.70 31085.80 20225.30 53.70
Tax 1143.20 -847.00 -234.97 296.80 235.00 26.30 296.80 235.00 26.30
PAT 3427.30 1278.10 168.16 1454.90 4522.80 -67.83 1454.90 4522.80 -67.83
Equity 62177.10 56758.50 9.55 62177.10 56758.50 9.55 62177.10 56758.50 9.55
OPM 18.15 15.60 16.33 19.12 15.65 22.22 19.12 15.65 22.22
Peers
Company Name CMP
HDFC Bank 714.20
ICICI Bank 1360.20
Axis Bank 1269.00
Kotak Mahindra Bank 439.00
Indusind Bank 876.00
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