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IDBI Bank Q3 Results: PAT soars 57% YoY to Rs 1,458 crore, NII rises 17%

IDBI Bank Q3 Results: Net interest income, the difference between interest earned and interest expended, rose 17.4% YoY in the quarter to Rs 3,434.60 crore. ....

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idbi bank stock update: IDBI Bank shares jump 11%, hit 52-week high post strong Q3 earnings

IDBI Bank s provisions and contingencies for the quarter were at Rs 320 crore, compared to Rs 784.3 crore a year ago. The bank had a reversal of provision towards non-performing assets to the tune of Rs 446 crore during the quarter. The pre-provision operating profit increased by over 13% YoY to Rs 2,326.50 crore. ....

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IDBI Bank Q3FY24 Results: Net profit up 57.3% YoY to ₹1,458 crore

IDBI Bank released its Q3FY24 numbers today, reporting a 57.3% YoY improvement in its standalone net profit to ₹1,458 crore. The pre-provision operating profit (PPOP) of the bank reached ₹2,326 crore for the December 2023 quarter. ....

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