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IDFC First Bank - Quaterly Results

28 Oct 2023 Evaluate
A decent increase of about 34.49% in the sales to Rs. 73561.70 millions was observed for the quarter ended September 2023. The sales figure stood at Rs. 54696.90 millions during the year-ago period.Good  Net Profit growth of 35.23% reported above the corresponding previous quarter figure of Rs. 5555.70 millions to Rs. 7513.20 millioins.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Interest Earned 73561.70 54696.90 34.49 142238.90 103913.70 36.88 227275.40 171726.80 32.35
Other Income 14296.30 10613.40 34.70 28434.50 19170.10 48.33 44669.70 32220.40 38.64
Interest Expended 34059.80 24675.10 38.03 65285.80 46380.90 40.76 100922.10 74665.20 35.17
Operating Expenses 38695.70 38695.70 33.67 75281.70 55577.70 35.45 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 5283.60 4241.70 24.56 10045.30 7321.60 37.20 16648.20 31085.80 -46.44
Tax 2305.70 1889.60 22.02 4895.80 3504.60 39.70 8300.00 296.80 2696.50
PAT 7513.20 5555.70 35.23 15164.80 10299.00 47.25 24371.30 1454.90 1575.12
Equity 67224.50 62213.40 8.05 67224.50 62213.40 8.05 66181.20 62177.10 6.44
OPM 20.53 21.37 -3.91 21.17 20.33 4.11 21.70 19.12 13.48
Peers
Company Name CMP
HDFC Bank 710.80
ICICI Bank 1354.60
Axis Bank 1260.70
Kotak Mahindra Bank 438.10
Indusind Bank 874.05
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