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IDFC First Bank - Quaterly Results

29 Apr 2023 Evaluate
The Sales for the quarter ended March 2023 of Rs. 64243.50 millions rose by 41.08% from Rs. 45536.40 millions.Net Profit witnessed a 134.18% growth almost the double from Rs. 3427.30 millions to Rs. 8026.20  millions  of same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Interest Earned 64243.50 45536.40 41.08 227275.40 171726.80 32.35 227275.40 171726.80 32.35
Other Income 13974.80 8312.40 68.12 44669.70 32220.40 38.64 44669.70 32220.40 38.64
Interest Expended 28276.00 18844.00 50.05 100922.10 74665.20 35.17 100922.10 74665.20 35.17
Operating Expenses 34355.70 34355.70 28.48 121703.50 96444.50 26.19 121703.50 96444.50 26.19
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 4824.30 3694.70 30.57 16648.20 31085.80 -46.44 16648.20 31085.80 -46.44
Tax 2736.10 1143.20 139.34 8300.00 296.80 2696.50 8300.00 296.80 2696.50
PAT 8026.20 3427.30 134.18 24371.30 1454.90 1575.12 24371.30 1454.90 1575.12
Equity 66181.20 62177.10 6.44 66181.20 62177.10 6.44 66181.20 62177.10 6.44
OPM 24.26 18.15 33.67 21.70 19.12 13.48 21.70 19.12 13.48
Peers
Company Name CMP
HDFC Bank 714.20
ICICI Bank 1360.20
Axis Bank 1269.00
Kotak Mahindra Bank 439.00
Indusind Bank 876.00
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