Net profit of IDBI Bank rose 41.09% to Rs 1734.32 crore in the quarter ended June 2024 as against Rs 1229.26 crore during the previous quarter ended June 2023. Total Operating Income declined 2.82% to Rs 6669.84 crore in the quarter ended June 2024 as against Rs 6863.63 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Total Operating Income6669.846863.63 -3 OPM %76.7155.32 - PBDT2545.581843.42 38 PBT2545.581843.42 38 NP1734.321229.26 41 Powered by Capital Market - Live News

IDBI Bank will hold a meeting of the Board of Directors of the Company on 22 July 2024.Powered by Capital Market - Live News

IDBI Bank announced that Sumit Phakka has taken charge as Deputy Managing Director of IDBI Bank with effect from 15 July 2024. Powered by Capital Market - Live News

IDBI Bank has promoted Sanjay Panicker as Executive Director (Senior Management Position) of the Bank w.e.f. 06 May 2024. He shall superannuate on 31 December 2031Powered by Capital Market - Live News

Net profit of IDBI Bank rose 36.83% to Rs 1664.92 crore in the quarter ended March 2024 as against Rs 1216.81 crore during the previous quarter ended March 2023. Total Operating Income rose 22.08% to Rs 6994.70 crore in the quarter ended March 2024 as against Rs 5729.46 crore during the previous quarter ended March 2023.For the full year,net profit rose 56.18% to Rs 5788.11 crore in the year ended March 2024 as against Rs 3706.06 crore during the previous year ended March 2023. Total Operating Income rose 28.43% to Rs 26445.66 crore in the year ended March 2024 as against Rs 20591.53 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Total Operating Income6994.705729.46 22 26445.6620591.53 28 OPM %63.3344.73 -63.0347.89 - PBDT2092.941521.48 38 8367.465305.30 58 PBT2092.941521.48 38 8367.465305.30 58 NP1664.921216.81 37 5788.113706.06 56 Powered by Capital Market - Live News