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IDBI Bank Ltd Q1FY25; 41% rise in Profits

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 Q1FY25 of ₹6,670.00 Crores down from ₹6,864.00 Crore year on year, a fall of 2.83%.

Total Expenses for Q1FY25 of ₹4,981.00 Crores down from ₹5,928.00 Crores year on year, a fall of 15.98%.

Consolidated Net Profit of ₹1,739.00 Crores up 40.92% from ₹1,234.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.61, up 41.23% from ₹1.14 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.

Tags: Banking
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