MoneyWorks4Me

IDBI - Quaterly Results

20 Jan 2024 Evaluate
The sales figure stood at Rs. 65408.60 millions for the December 2023 quarter. The mentioned figure indicates a growth of about 25.03% as compared to Rs. 52314.40 millions during the year-ago period.Net profit for the quarter ended December 2023 increased significantly by 57.26% to Rs. 14581.80 millions from Rs. 9272.70 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Interest Earned 65408.60 52314.40 25.03 194356.60 148436.20 30.94 205697.80 182919.10 12.45
Other Income 9734.10 8568.70 13.60 27147.40 30843.10 -11.98 43719.80 46898.90 -6.78
Interest Expended 31063.90 23060.90 34.70 89371.10 66926.40 33.54 91392.30 91294.10 0.11
Operating Expenses 20813.30 20813.30 20.25 57963.50 49244.30 17.71 70667.00 63572.30 11.16
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 3198.50 7842.80 -59.22 12828.20 25142.30 -48.98 34978.60 38865.40 -10.00
Tax 5485.20 3398.20 61.41 21284.90 12849.10 65.65 15928.80 11693.50 36.22
PAT 14581.80 9272.70 57.26 40056.30 25117.20 59.48 36450.90 24392.70 49.43
Equity 107524.00 107524.00 0.00 107524.00 107524.00 0.00 107524.00 107524.00 0.00
OPM 35.57 39.21 -9.29 38.16 42.52 -10.24 42.47 40.98 3.65
Peers
Company Name CMP
HDFC Bank 741.65
ICICI Bank 1343.85
Axis Bank 1248.30
Kotak Mahindra Bank 415.90
Indusind Bank 960.50
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