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 Q2FY25 of ₹7,445.00 Crores up from ₹6,038.00 Crore year on year, a rise of 23.3%.
Total Expenses for Q2FY25 of ₹6,343.00 Crores up from ₹4,667.00 Crores year on year, a rise of 35.91%.
Consolidated Net Profit of ₹1,869.00 Crores up 34.17% from ₹1,393.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹1.73, up 34.11% from ₹1.29 in the same quarter of the previous year.