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IDFC First Bank consolidated net profit declines 10.32% in the March 2024 quarter

27-Apr-24 17:21 Hrs IST

Net profit of IDFC First Bank declined 10.32% to Rs 731.90 crore in the quarter ended March 2024 as against Rs 816.12 crore during the previous quarter ended March 2023. Total Operating Income rose 27.96% to Rs 8220.48 crore in the quarter ended March 2024 as against Rs 6424.42 crore during the previous quarter ended March 2023.

For the full year,net profit rose 18.41% to Rs 2942.35 crore in the year ended March 2024 as against Rs 2484.93 crore during the previous year ended March 2023. Total Operating Income rose 33.43% to Rs 30325.11 crore in the year ended March 2024 as against Rs 22727.81 crore during the previous year ended March 2023.

Particulars	Quarter Ended			Year Ended
?	Mar. 2024	Mar. 2023	% Var.	Mar. 2024	Mar. 2023	% Var.
Total Operating Income	8220.48	6424.42	28	30325.11	22727.81	33
OPM %	37.18	39.28	-	38.90	39.40	-
PBDT	948.38	1094.39	-13	3857.16	3331.40	16
PBT	948.38	1094.39	-13	3857.16	3331.40	16
NP	731.90	816.12	-10	2942.35	2484.93	18

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Sr No	Start Date	Department	Tender Details	Status
1	22-11-2023	Compliance	Procurement of AML/PML software Solution - VC Meeting Link for opening of Tender Box on 22/11/2023 at 4.30 pm	Active upto 22/11/2023 end of the day
2	16-10-2023	Compliance	RFP for Procurement of AML/PML software solution
	06-11-2023	Compliance	A. Addendum - Extension Period for procurement of AML/PML sofware solution
3	16-08-2023	IT	RFP for Procurement of Firewall
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Extension of RFP
4	12-07-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
5	07-07-2023	CS	RFP for Secretarial Audit
6	26-06-2023	IT	RFP for AMC of Online UPS system installed at IFINs Branch office	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
7	16-06-2023	IT	E-tender for engagement of annual system audit and cyber security audit agency	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
8	15-06-2023	IT	RFP for AMC of 30KVA Online UPS system	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
9	30-05-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch	Cancelled
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
			E. Extension of RFP
			F. Closure of RFP
10	24-05-2023	ADMIN	RFP for Premises on Lease for Salem Branch	Closed
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
11	24-04-2023	IA	Extension Of RFP iCOM IA for FY 2023-2024	Closed
12	25-04-2023	CS	Extension Of RFP for Seeking Quotations for Secretarial Audit Of IFIN Group for FY 2022-2023	Cancelled
			A. Status_of_RFP_for_secretarila_audit
13	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024	Closed
14	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024 for operations, accounts and control related activities.	Closed
15	24-04-2023	CS	RFP PCS Empannelment for ROC filing 2022-23	Closed
16	24-04-2023	IA	RFP For Appointment Of Internal Auditor iCOM 23-24	Closed
17	14-03-2023	IA	RFP for appointment of internal auditor in the iCOM	Closed
18	25-04-2023	CS	RFP For Secretarial Audit 22-23	Closed