IDFC First Bank has reported results for third quarter ended December 31, 2023 (Q3FY24).
The bank has reported 18.37% rise in net profit at Rs 715.68 crore for the quarter ended December 31, 2023 as compared to Rs 604.61 crore for the same quarter in the previous year. Total income of the bank increased by 33.01% at Rs 9,395.95 crore for Q3FY24 as compared Rs 7,064.30 crore for corresponding quarter of the previous year.
On consolidated basis, the bank reported 18.73% rise in its net profit at Rs 732.09 crore for Q3FY24 as compared to Rs 616.61 crore for the same quarter in the previous year. Total income of the bank increased by 33.01% at Rs 9,396.06 crore for Q3FY24 as compared Rs 7,064.33 crore for corresponding quarter of the previous year.