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IDFC First Bank - Quaterly Results

20 Jan 2024 Evaluate
The sales surged to Rs. 78794.00 millions, up 33.28% for the December 2023 quarter as against Rs. 59118.20 millions during the corresponding quarter previous year.A humble growth in net profit of 18.37% reported in the quarter ended December 2023 to Rs. 7156.80  millions from Rs. 6046.10 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Interest Earned 78794.00 59118.20 33.28 221032.90 163031.90 35.58 227275.40 171726.80 32.35
Other Income 15165.50 11524.80 31.59 43600.00 30694.90 42.04 44669.70 32220.40 38.64
Interest Expended 35928.30 26265.20 36.79 101214.10 72646.10 39.32 100922.10 74665.20 35.17
Operating Expenses 42406.50 42406.50 33.48 117688.20 87347.80 34.74 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 6548.10 4502.30 45.44 16593.40 11823.90 40.34 16648.20 31085.80 -46.44
Tax 1919.80 2059.30 -6.77 6815.60 5563.90 22.50 8300.00 296.80 2696.50
PAT 7156.80 6046.10 18.37 22321.60 16345.10 36.56 24371.30 1454.90 1575.12
Equity 70668.20 62366.90 13.31 70668.20 62366.90 13.31 66181.20 62177.10 6.44
OPM 19.83 21.33 -7.02 20.69 20.69 -0.01 21.70 19.12 13.48
Peers
Company Name CMP
HDFC Bank 699.50
ICICI Bank 1385.25
Axis Bank 1209.00
Kotak Mahindra Bank 458.00
Indusind Bank 836.35
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