IDFC First Bank has reported results for second quarter ended September 30, 2022.
The bank has reported rise of 266.13% in its net profit at Rs 555.57 crore for Q2FY23 as compared to Rs 151.74 crore for the corresponding quarter previous year. Total income of the bank increased by 33.82% to Rs 6,531.03 crore for the quarter under review as compared to Rs 4,880.29 crore for the same quarter in the previous year.
On the consolidated basis, the bank has reported over 5-fold jump in its its net profit at Rs 567.19 crore for the quarter under review as compared to Rs 110.95 crore for the same quarter in the previous year. Total income of the bank increased by 35.22% to Rs 6,531.16 crore for the quarter under review as compared to Rs 4,830.14 crore for the same quarter in the previous year.
