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IDFC First Bank share price jumps 12%, Bank of Baroda trades flat after Q1 results; what should investors do? Here's what brokerages recommend

IDFC First Bank share price jumps 12%, Bank of Baroda trades flat after Q1 results; what should investors do? Here's what brokerages recommend

Mon, Aug 01, 2022

Bank of Baroda, IDFC First Bank shares: Bank of Baroda (BOB) reported a net profit of Rs 2,168 crore in the quarter ended June 2022, a 79.3% jump in Q1FY23, while IDFC First Bank on Saturday reported its highest ever net profit of Rs 474 crore for the quarter ended June 2022

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IDFC First Bank Q1 results: At Rs 474 cr in Q1FY23, bank clocks highest ever net profit

IDFC First Bank Q1 results: At Rs 474 cr in Q1FY23, bank clocks highest ever net profit

Sat, Jul 30, 2022

IDFC First Bank on Saturday reported its highest ever net profit of Rs 474 crore for the quarter ended June 2022, against a a net loss of Rs 630 crore in the year-ago quarter. The record profit as largely driven by lower provisioning and higher income.  

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