LIC’s sponsored bank stocks increase more than 4% following strong growth of profit and net profit.

The bank, which is mainly owned by an Indian Life Insurance Company with a 49.24 % stake, focuses on increasing 4.37 % after reporting the Q4FY25 results due to strong growth growth.

Stock price

With the market cap of RS. 88,772 CRORE, stock IDBI Bank It was held at RS. 81, 0.70 % increase in closed yesterday and made a lot of RS after opening. Increasing 83.95 and 4.37 %, the annual return on stocks is -10 %and the profit over the past five years is impressive 285 %.

Q4 FY25 Financial Highlights

The company reported that the total income increased by 14.57 % in RS. 7,886.64 rs in q4fy24. 9,035.29 of Q4FY25. Based on QOQ, the company reported that RS’s sales increased 5.49 %. 8,564.92 croan.

Their net profit increased by 25.95 % YoY in RS. 1,628.46 rs. During the same period, 2,051.18 croch. Based on QOQ, the company reported that net profit increased by 7.48 % in RS. Article 1,908.27 in the quarter.

The total NPA of the bank was 2.98 %compared to 4.53 %last year, and the NPA was 0.15 %compared to 0.34 %last year. Net interest margins reached 4.00 %this year compared to 4.91 %last year. Assets (ROA) accounted for 2.11 %compared to 1.82 %last year.

About the company

Founded in 1964 as an Indian Industrial Development Bank, IDBI BANK LIMITED is a prominent Indian bank agency headquartered in Mumbai. Originally established as a development financial institution to support industrial growth, the IT was converted to full service commercial banks in 2004.

It was written by Abhishek Das

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