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IDFC Bank rises despite reporting 24% fall in Q3 net profit

19 Jan 2018 Evaluate

IDFC Bank is currently trading at Rs. 58.55, up by 0.35 points or 0.60% from its previous closing of Rs. 58.20 on the BSE.

The scrip opened at Rs. 58.80 and has touched a high and low of Rs. 59.55 and Rs. 57.20 respectively. So far 1930371 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 70.35 on 12-Jan-2018 and a 52 week low of Rs. 51.10 on 18-Dec-2017.

Last one week high and low of the scrip stood at Rs. 69.65 and Rs. 57.20 respectively. The current market cap of the company is Rs. 19770.44 crore.

The promoters holding in the company stood at 52.83%, while Institutions and Non-Institutions held 30.59% and 16.58% respectively.

The Bank has reported 23.61% fall in its net profit at Rs 146.11 crore for third quarter ended December 31, 2017, as compared to Rs 191.26 crore for the same quarter in the previous year. Total income of the Bank decreased by 2.73% at Rs 2514.51 crore for Q3FY18 as compared Rs 2585.08 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the October-December quarter of the current fiscal improved to 5.62%, as compared to 7.03% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 2.52% in Q3FY18.

IDFC First Bank Share Price

71.26 0.90 (1.28%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 781.20
ICICI Bank 1264.80
Axis Bank 1269.40
Kotak Mahindra Bank 380.75
Indusind Bank 949.85
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