IDFC First Bank has reported results for first quarter ended June 30, 2020.
The bank has reported net profit of Rs 93.55 crore for the quarter under review as against net loss of Rs 617.36 crore for the same quarter in the previous year. Total income of the bank increased 5.18% at Rs 4316.24 crore for Q1FY21 as compared Rs 4103.57 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported net profit at Rs 100.08 crore for the quarter under review as against net loss of Rs 611.64 crore for the same quarter in the previous year. Total income of the bank increased by 5.65% at Rs 4413.20 crore for Q1FY21 as compared Rs 4177.18 crore for the corresponding quarter previous year.
