IDFC First Bank is engaged in the business of Banking Services. IDFC FIRST Bank was founded by the merger of Erstwhile IDFC Bank and Erstwhile Capital First on December 18, 2018.
Financial Results:
- IDFC First Bank Ltd reported Revenues for Q2FY24 of ₹7,356.00 Crores up from ₹5,470.00 Crore year on year, a rise of 34.48%.
- Total Expenses for Q2FY24 of ₹7,783.00 Crores up from ₹5,771.00 Crores year on year, a rise of 34.86%.
- Consolidated Net Profit of ₹747.00 Crores up 31.75% from ₹567.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹1.11, up 21.98% from ₹0.91 in the same quarter of the previous year.