IDFC First slumps 10% after posting a 72% slip in its net profit in Q2FY25

Quick Summary:

IDFC First Bank's consolidated profit slipped 71.6 per cent to Rs 211.94 crore from Rs 746.

The private sector lender had earned a net profit of Rs 751 crore in the same quarter a year ago.

IDFC First Bank shares dropped 9.5 per cent in trade on Monday and registered an intraday low of Rs 59.24 per share on BSE.

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Category: BusinessFinance

Markets: India

Topics: Idfc first bank results Idfc first bank net profit q2 Nifty Idfc first bank share Nse Stock market today Idfc first bank share price Sensex Buzzing stocks Q2 results Bse Markets

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Article Type: News Report

Published On: 2024-10-28 @ 11:38:56 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 499 words

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News ID: 23279109

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