IDFC First Bank has reported results for third quarter ended December 31, 2019.
The bank has reported a net loss of Rs 1,638.89 crore for the quarter under review against net loss of Rs 1,538.01 crore for the same quarter in the previous year. However, total income of the bank increased by 19.22% at Rs 4,679.14 crore for Q3FY20 as compared Rs 3,924.80 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported a net loss of Rs 1,631.60 crore for the quarter under review against net loss of Rs 1528.96 crore for the same quarter in the previous year. However, total income of the bank increased by 19.78% at Rs 4,778.21 crore for Q3FY20 as compared Rs 3,989.03 crore for the corresponding quarter previous year.
