IDBI Bank has reported results for first quarter ended June 30, 2023 (Q1FY24).
IDBI Bank has reported 61.85% rise in its net profit at Rs 1,224.18 crore for the quarter under review as compared to Rs 756.36 crore for the same quarter in the previous year. Total income of the bank increased by 33.56% at Rs 7,711.95 crore for Q1FY24 as compared Rs 5,774.11 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported 59.94% rise in net profit at Rs 1,229.26 crore for the quarter ended June 30, 2023 as compared to Rs 768.59 crore for the same quarter in the previous year. Total income of the bank increased by 33.32% at Rs 7,770.91 crore for Q1FY24 as compared Rs 5,828.81 crore for the corresponding quarter previous year.
