MoneyWorks4Me

IDBI - Quaterly Results

04 May 2024 Evaluate
The March 2024 quarter revenue stood at Rs. 69904.70 millions, up 22.08% as compared to Rs. 57261.70 millions during the corresponding quarter last year.The company has announced a 43.68% increase in its profits to Rs . 16284.60  millions for the  quarter ended March 2024 compared to Rs. 11333.70 millions in the corresponding quarter in the previous year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Interest Earned 69904.70 57261.70 22.08 264261.30 205697.80 28.47 264261.30 205697.80 28.47
Other Income 8961.70 12876.70 -30.40 36109.10 43719.80 -17.41 36109.10 43719.80 -17.41
Interest Expended 33025.80 24465.90 34.99 122396.90 91392.30 33.92 122396.90 91392.30 33.92
Operating Expenses 24089.50 24089.50 12.45 82052.90 70667.00 16.11 82052.90 70667.00 16.11
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 1138.20 9836.30 -88.43 13966.40 34978.60 -60.07 13966.40 34978.60 -60.07
Tax 4328.30 3079.80 40.54 25613.30 15928.80 60.80 25613.30 15928.80 60.80
PAT 16284.60 11333.70 43.68 56340.90 36450.90 54.57 56340.90 36450.90 54.57
Equity 107524.00 107524.00 0.00 107524.00 107524.00 0.00 107524.00 107524.00 0.00
OPM 31.12 42.35 -26.53 36.30 42.47 -14.53 36.30 42.47 -14.53
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
View more..