IDFC First Bank Q4 Results LIVE | IDFC First Bank Q4 Net Profit More Than Doubles To ₹ 803 Crore

#Q4WithCNBCTV18 | IDFC First Bank's large deposit worth ₹2,121 Cr. Real deposit growth is at 45% YoY

IDFC First Bank on April 29 reported a massive 134 percent jump in standalone net profit at Rs 803 crore for the March quarter (Q4 FY23), from Rs 343 crore in the year-ago period.

Net profit jumped 32.7 percent on a quarterly basis.

Net interest income for the bank grew 35 percent year-on-year to Rs 3,597 crore from Rs 2,669 crore in Q4 FY22. And, the bank's core operating profit grew by 61 percent YoY to Rs 1,342 crore.

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