IDBI Bank is engaged in the business of Monetary intermediation of commercial banks, saving banks, postal savings bank and discount houses.
Financial Results:
- IDBI Bank Ltd reported Revenues for Q1FY24 of ₹6,864.00 Crores up from ₹4,639.00 Crore year on year, a rise of 47.96%.
- Total Expenses for Q1FY24 of ₹5,928.00 Crores up from ₹4,715.00 Crores year on year, a rise of 25.73%.
- Consolidated Net Profit of ₹1,234.00 Crores up 59.64% from ₹773.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹1.14, up 60.56% from ₹0.71 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.