ICICI Bank and IDFC First Bank Quarterly Result

What are Quaterly results ?

In India, financial year starts in 1st April (2023) and ends in 31st March (2024).

That is Financial Year 2023-24 or FY 2023-24.

And then comes Quarter month, that is 12 months divided by 3 months = 4 months.

Those 4 months are quarter months.

For example,

It is starting from 2023 and ending on 2024.

Now is a time for quarterly results of ICICI Bank and IDFC First Bank.

Lets starts with ICICI bank.

1. ICICI Bank

For Q3 period (2023), ICICI Bank has announced its results.

Profit After Tax

The PAT i.e Profit after tax is Rupees 10,272 crore which is 23.6 % of rise.

Net Interest Income

The NII i.e. Net Interest Income is Rupees 18,678 crore which is 13.4 % of rise.

Deposits

The total deposits is Rupees 13,32,315 crore which is 18.7% of rise of rise.

Domestic Loan

The bank's domestic loan portfolio is Rupees 11,14,820 crore which is 18.8% rise..

For Q3 period (2023), IDFC First Bank has announced its results.

Profit After Tax

The PAT i.e Profit after tax is Rupees 716 crore which is 18.4% of rise.

Net Interest Income

The NII i.e. Net Interest Income is Rupees 4,287 crore which is 30.5% of rise.

Deposits

The total deposits is Rupees 1,23,578 crore which is 44.0% of rise of rise.

Domestic Loan

The bank's domestic loan portfolio is Rupees 1,52,152 crore which is 25.0% rise..