IDFC First Bank Q3 Results: IDFC First Bank announced its October-December quarter results for fiscal 2024-25 (Q3FY25) on Saturday, January 25, reporting a drop of 53 per cent in standalone net profit to ₹339.4 crore, compared to ₹715.7 crore in the corresponding period last year
The private sector bank was formed by merging the banking arm of project financer Infrastructure Development Finance Company (IDFC) and Capital First.
IDFC First Bank’s net interest income (NII)—the difference between interest earned and paid—rose 14.4 per cent to ₹4,902 crore compared to ₹4,286.6 crore in the year-ago period.
