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  5. IDBI Bank Q1 Results Highlights: Net profit rises 40.4% to ₹1,719.2 crore, NII down 19%

Market News

IDBI Bank Q1 Results Highlights: Net profit rises 40.4% to ₹1,719.2 crore, NII down 19%

Upstox
By Upstox News Desk

3 min read | Updated on July 22, 2024, 15:44 IST

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SUMMARY

IDBI Bank Q1 Results: The private lender reported a 40.4% increase in its net profit at ₹1,719.2 crore as against ₹1,224.18 crore in the year-ago period.

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IDBI Bank Q1 results today

IDBI Bank Q1 Results Live Update at 3:44 pm: IDBI Bank shares closed 0.8% higher at 89.6% on the NSE.
IDBI Bank Q1 Results Live Update at 2:42 pm: Q1 FY25 highlights
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IDBI Bank Q1 Results Live Update at 2:25 pm: The gross NPA ratio improved to 3.8% as of June 30, 2024, as against 5% on June 30, 2023.
IDBI Bank Q1 Results Live Update at 2:22 pm: Net interest margin (NIM) was reported at 4.1% in the first quarter of financial year 2024-25 as compared to 5.8% in Q1 FY24.
IDBI Bank Q1 Results Live Update at 2:18 pm: Net interest income (NII) stood at ₹3,233 crore in Q1 FY as against ₹3,998 crore in Q1 FY24, reflecting a decline of 19.1% year-on-year (YoY).
IDBI Bank Q1 Results Live Update at 2:11 pm: The private lender reported a 40.4% increase in its net profit at ₹1,719.2 crore as against ₹1,224.18 crore in the year-ago period.
IDBI Bank Q1 Results Live Update at 1:26 pm: Trading stats
  • Current price: ₹90.2 (+1.6%)
  • Open: ₹88.9
  • High: ₹90.8
  • Low: ₹88
IDBI Bank Q1 Results Live Update at 12:22 pm: Board of Directors
  • TN Manoharan, Independent Director & Part - Time Chairman
  • Rakesh Sharma, Managing Director & CEO
  • Jayakumar Subramonia Pillai, Deputy Managing Director
  • Sumit Phakka, Deputy Managing Director
  • Manoj Sahay, Government Nominee Director
  • Sushil Kumar Singh, Government Nominee Director
  • Mukesh Gupta, LIC Nominee Director
  • Raj Kumar, LIC Nominee Director
  • BB Joshi, Independent Director
  • Samaresh Parida, Independent Director
  • N Jambunathan, Independent Director
  • Deepak Singhal, Independent Director
  • Sanjay Gokuldas Kallapur, Independent Director
  • P V Bharathi, Independent Director
  • Ajay Prakash Sawhney, Independent Director
IDBI Bank Q1 Results Live Update at 11:14 am: Shares of the private lender were trading 0.7% higher at ₹89.5 on the NSE.
IDBI Bank Q1 Results Live Update at 10:18 am: Trading stats
  • Current price: ₹90.4 (+1.7%)
  • Open: ₹88.9
  • High: ₹90.5
  • Low: ₹88
IDBI Bank Q1 Results Live Update at 9:28 am: Shares of IDBI Bank were trading 1.3% higher at ₹90 on the NSE.
IDBI Bank Q1 Results LIVE: Private lender IDBI Bank will announce its financial results for the first quarter of the fiscal year 2024-25 on Monday, July 22.
Apart from IDBI Bank, other companies that will release their Q1 results today include Coforge, Suzlon Energy, Jana Small Finance Bank, Mahindra Logistics, Cyient DLM, Dodla Dairy, UCO Bank, Mangalore Refinery and Petrochemicals and Greenlam Industries.

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Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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