IDBI Bank has reported results for first quarter ended June 30, 2019.
The Bank has reported net loss of Rs 38.01 crore for the quarter under review as compared to Rs 24.10 crore for the same quarter in the previous year. Total income of the Bank decreased by 7.47% at Rs 59.24 crore for Q1FY20 as compared Rs 64.02 crore for the corresponding quarter previous year.
On the consolidated basis, the Bank has reported net loss of Rs 38.21 crore for the quarter under review as compared to Rs 23.83 crore for the same quarter in the previous year. Total income of the Bank decreased by 8.07% at Rs 59.28 crore for Q1FY20 as compared Rs 64.48 crore for the corresponding quarter previous year.
