IDBI Bank has reported results for first quarter ended June 30, 2021.
The bank has reported over 4-fold jump in its net profit at Rs 603.30 crore for the quarter under review as compared to Rs 144.43 crore for the same quarter in the previous year. Total income of the bank increased by 11.08% at Rs 6,554.95 crore for Q1FY22 as compared Rs 5901.02 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported around 4-fold jump in its net profit after minority interest and share of loss in associate at Rs 598.13 crore for the quarter under review as compared to Rs 159.14 crore for the same quarter in the previous year. Total income of the bank increased by 10.74% at Rs 6,594.86 crore for Q1FY22 as compared Rs 5,955.17 crore for the corresponding quarter previous year.
