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IDFC First Bank Q3 results: Net profit rises 18% to Rs 716 crore, asset quality improves

The bank's net NPA for the quarter stood at 0.68 per cent, improving from 1.74 per cent on a year-on-year basis.

idfc first bank q3 earnings update: IDFC First Bank Q3 Results: Net profit rises 18% YoY to Rs 716 crore

The net interest income (NII) of IDFC First Bank rose 30% to Rs 4,287 crore in the third quarter, compared with Rs 3,286 crore in the same quarter of last year. Other income during the reporting period increased 32% year-on-year to Rs 1,517 crore. It was Rs 1,152 crore in the last-year period.

IDFC First Bank declares PAT growth of 115% YoY, asset quality improves in Q3

IDFC First Bank has declared its Q3FY23 results today and the lender said that it continues to deliver a strong performance on all fronts including profitability, customer deposits, funded asset, capital adequacy, asset quality and net NPA.

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