IDBI Bank has reported results for second quarter ended September 30, 2023 (Q2FY24).
The bank has reported 59.80% rise in its net profit at Rs 1323.27 crore for the quarter under review as compared to Rs 828.09 crore for the same quarter in the previous year. Total income of the bank increased by 14.16% at Rs 6924.18 crore for Q2FY24 as compared Rs 6065.51 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported 78.57% rise in its net profit at Rs 1385.40 crore for Q2FY24 as compared to Rs 775.82 crore for the same quarter in the previous year. Total income of the bank increased by 16.71% at Rs 7063.66 crore for Q2FY24 as compared Rs 6052.23 crore for the corresponding quarter previous year.
