← Back to feedRead original →
VERIFIEDET Stocks·positive
IDFC First Bank shares in focus after Q1 profit jumps 132% to Rs 1,075 crore. What are analysts saying?
AI Summary
- ·IDFC First Bank reported its highest-ever quarterly profit after tax at Rs 1,075 crore, a 132% increase.
- ·Net interest income grew by 21.1% year-on-year, and net interest margin also saw improvement.
- ·Gross non-performing assets decreased to 1.51%, indicating improved asset quality.