IDFC First Bank Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
January 20, 2024 at 06:30 am EST
IDFC First Bank Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported net interest income was INR 42,871.5 million compared to INR 32,859.9 million a year ago. Net income was INR 7,320.9 million compared to INR 6,166.1 million a year ago. Basic earnings per share from continuing operations was INR 1.04 compared to INR 0.99 a year ago. Diluted earnings per share from continuing operations was INR 1.03 compared to INR 0.98 a year ago.
For the nine months, net interest income was INR 119,843.1 million compared to INR 90,398.1 million a year ago. Net income was INR 22,104.5 million compared to INR 16,688.1 million a year ago. Basic earnings per share from continuing operations was INR 3.26 compared to INR 2.68 a year ago. Diluted earnings per share from continuing operations was INR 3.2 compared to INR 2.64 a year ago.