IDBI Bank consolidated net profit rises 284.50% in the March 2021 quarter

Total Operating Income rise 3.25% to Rs 5787.47 crore

Net profit of IDBI Bank rose 284.50% to Rs 629.05 crore in the quarter ended March 2021 as against Rs 163.60 crore during the previous quarter ended March 2020. Total Operating Income rose 3.25% to Rs 5787.47 crore in the quarter ended March 2021 as against Rs 5605.23 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 1513.97 crore in the year ended March 2021 as against net loss of Rs 12835.24 crore during the previous year ended March 2020. Total Operating Income declined 4.31% to Rs 19955.52 crore in the year ended March 2021 as against Rs 20854.22 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Total Operating Income5787.475605.23 3 19955.5220854.22 -4 OPM %30.1038.79 -45.321.50 - PBDT466.79338.97 38 2484.41-8896.49 LP PBT466.79338.97 38 2484.41-8896.49 LP NP629.05163.60 285 1513.97-12835.24 LP

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