IDBI Bank has reported results for second quarter ended September 30, 2021.
The bank has reported 74.82% rise in its net profit at Rs 567.12 crore for the quarter under review as compared to net profit of Rs 324.40 crore for the same quarter in the previous year. However, total income of the bank decreased by 10.21% at Rs 5000.64 crore for Q2FY22 as compared Rs 5569.35 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported 76.94% rise in its net profit after Minority Interest & Share of Loss in associate of Rs 588.54 crore for the quarter under review as against net profit of Rs 332.62 crore for the same quarter in the previous year. However, total income of the bank decreased by 9.93% at Rs 5059.20 crore for Q2FY22 as compared Rs 5616.71 crore for the corresponding quarter previous year.
