IDBI Bank has reported results for third quarter ended December 31, 2020.
The bank has reported a net profit at Rs 378.42 crore for the quarter under review against net loss of Rs 5763.04 crore for the same quarter in the previous year. However, total income of the bank decreased by 4.56% at Rs 5,932.25 crore for Q3FY21 as compared Rs 6,215.60 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported a net profit of Rs 393.15 crore for the quarter under review against net loss of Rs 5,728.70 crore for the same quarter in the previous year. However, total income of the bank decreased by 4.46% at Rs 5,987.86 crore for Q3FY21 as compared Rs 6,267.23 crore for the corresponding quarter previous year.
