IDFC First Bank has reported results for first quarter ended June 30, 2022.
The bank has reported net profit at Rs 474.33 crore for the quarter under review as compared to net loss of Rs 630.04 crore for the same quarter in the previous year. Total income of the bank increased by 17.15% at Rs 5,777.35 crore for Q1FY23 as compared Rs 4,931.76 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported net profit at Rs 485.01 crore for the quarter under review as compared to net loss of Rs 621.17 crore for the same quarter in the previous year. Total income of the bank increased by 17.15% at Rs 5,777.37 crore for Q1FY23 as compared Rs 4,931.72 crore for the corresponding quarter previous year.
