IDFC First Bank Q3FY25 results: Net profit falls 53% to Rs 339 cr

Q: How long will it take to read this news story?

The story "IDFC First Bank Q3FY25 results: Net profit falls 53% to Rs 339 cr" has 444 words across 18 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "IDFC First Bank Q3FY25 results: Net profit falls 53% to Rs 339 cr" was covered 2 days ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 270 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25425347</li><li>URL: https://beamstart.com/news/idfc-first-bank-q3fy25-results-17378089264629</li></ul>

Business Standard Logo Business Standard 2d ago

IDFC First Bank Q3FY25 results: Net profit falls 53% to Rs 339 cr - Business Standard

Quick Summary:

IDFC First Bank on Saturday reported 53 per cent decline in net profit at Rs 339 crore for the third quarter ended December 2024 on increased provisions due to higher slippages of loans.

Total income increased to Rs 11,123 crore during the quarter from Rs 9,396 crore in the same period a year ago, IDFC First Bank said in a regulatory filing.

The private sector lender had earned a net profit of Rs 716 crore in the same quarter a year ago.