IDFC First Financial institution This autumn Outcomes: Revenue fell 58% in March quarter, dividend announcement

IDFC First Financial institution This autumn Outcomes: Revenue fell 58% in March quarter, dividend announcement
IDFC First Financial institution March Quarter Outcomes: Non-public sector IDFC First Financial institution’s January-March 2025 The online revenue was lowered by 58 % to Rs 304 crore on a annual foundation on the standalone foundation within the January-March 2025 quarter. It was Rs 724.35 crore a yr in the past. The overall earnings of the financial institution elevated by 14.6 % to Rs 11308.35 crore from a yr in the past. It was Rs 9861.21 crore within the March 2024 quarter. The financial institution’s gross NPA declined to 1.87 % within the March 2025 quarter, which was 1.88 % in the identical quarter a yr in the past. NET NPA was 0.53 %, which was 0.60 % within the March 2024 quarter. The overall revenue on the standalon foundation of IDFC First Financial institution in the complete FY 2024-25 elevated to Rs 43523.20 crore. It was Rs 36324.50 crore a yr in the past. The online revenue has elevated to Rs 1524.85 crore, which was Rs 2956.51 crore in FY 2024. Associated information Dividend Inventory: Interim dividend of ₹ 5 will probably be out there on each inventory, 5 Might is a file datakitin Rs. Really useful. On this, the approval of shareholders will probably be taken within the annual basic assembly of the financial institution’s board. The file date for dividend just isn’t but determined. Earlier, the financial institution introduced a ultimate dividend of Rs 0.75 per share within the yr 2018. The share of the inventory of IDFC First Financial institution is presently at Rs 66.15 in 2 weeks. The financial institution’s market cap is Rs 48400 crore. The share worth has elevated by 10 % within the final 2 weeks. Public shareholders have a full one hundred pc stake within the financial institution. The face worth of the inventory is Rs 10. The inventory noticed a 52 -week excessive stage of Rs 86.08 on BSE on 26 April 2024. The 52 -week low stage was seen on Rs 52.50 on 7 April 2025. Disclaimer: Right here info is supplied right here for info. It’s needed to say right here that the funding market available in the market is topic to dangers. At all times seek the advice of consultants earlier than investing cash as an investor. There may be by no means recommendation to anybody to speculate cash on behalf of Moneycontrol.

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