IDFC First Bank shares slip over 5% after Q3 earnings miss estimates; analysts slash target price
IDFC First Bank shares fell 5.4% after Q3FY25 results showed a 53% drop in net profit to ₹339.4 crore, missing expectations.
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IDFC First Bank Profit Takes a Hit Amid Higher Loan Provisions
IDFC First Bank reported a 53% decline in net profit for Q3 2024, attributed to increased provisions following higher loan slippages. Despite income growth, net profit fell to Rs 339 crore, with asset ...