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IDFC First Bank reports marginal rise in Q2 consolidated net profit

01 Nov 2021 Evaluate

IDFC First Bank has reported results for second quarter ended September 30, 2021.

The bank has reported 49.63% rise in its net profit at Rs 151.74 crore for the quarter under review as compared to net profit of Rs 101.41 crore for the same quarter in the previous year. Total income of the bank increased by 19.30% at Rs 4880.29 crore for Q2FY22 as compared Rs 4090.87 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported 1.76% rise in its net profit of Rs 110.95 crore for the quarter under review as against net profit of Rs 109.03 crore for the same quarter in the previous year. Total income of the bank increased by 18.07% at Rs 4830.14 crore for Q2FY22 as compared Rs 4090.91 crore for the corresponding quarter previous year.

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