Results Earnings Call for Q3FY23 of IDFC First Bank
Conference Call with IDFC First Bank Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.22-01-2023
22-01-2023
IDFC First Bank Ltd - 539437 - IDFC FIRST Bank Limited - Audio Recording Of Earnings Call (Q3-FY23)
This is to inform you that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of earnings call with analysts and investors held on January 21, 2023 on unaudited financial results of the Bank for the quarter and nine months ended December 31, 2022 has been made available on the website of the Bank under following link: https://www.idfcfirstbank.com/content/dam/idfcfirstbank/pdf/financial-results/ICI0420230121144981.mp322-01-2023
F&O Strategy: Bull-call spread on IDFC First Bank
This can be constructed by selling the current month 59-call and simultaneously buying the 60-call of February month21-01-2023
IDFC First Bank Q3 net profit doubles to Rs 605 crore on growth in income
IDFC First Bank on Saturday reported a two-fold jump in its net profit to Rs 605 crore for the quarter ending December 2022, driven by growth in operating income. The private sector bank had reported a profit of Rs 281 crore for the October-December period of 2021-22. The bank's total income increased to Rs 7,064.30 crore in the third quarter this fiscal from Rs 5,197.79 crore in the corresponding quarter of 2021-22, IDFC First Bank said in a stock exchange filing. The bank further said customer deposits increased by 44 per cent from Rs 85,818 crore as of December 31, 2021, to Rs 1,23,578 crore at end-December 31, 2022. CASA deposits grew by 39 per cent year-on-year from Rs 47,859 crore as of December 2021 to Rs 66,498 crore as of December 2022. On the asset quality, it said the gross NPA improved from 3.96 per cent at end-December 2021 to 2.96 per cent as of December 2022. The Net NPA at quarter ending December 2022 improved to 1.03 per cent from 1.74 per cent in the year-ago ..21-01-2023
IDFC First Bank Ltd - 539437 - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015, As Amended
We wish to inform you that based on the recommendations of Nomination and Remuneration Committee and pursuant to the provisions of Banking Regulation Act, 1949, extant RBI guidelines, and other applicable laws, the Board of Directors ('Board'), at their meeting held today, have approved making an application to Reserve Bank of India ('RBI') for the appointment of Mr. Madhivanan Balakrishnan, Chief Operating Officer, as the Whole Time Director ('WTD') designated as Executive Director and Chief Operating Officer ('ED & COO') of IDFC FIRST Bank Limited (the 'Bank'), for such period and on such terms as may be approved by the RBI. On receipt of the requisite approvals from RBI, the Bank will make necessary disclosures to the stock exchanges and shall seek approval of the shareholders and other Regulatory approvals, as may be required.21-01-2023
IDFC First Bank Ltd - 539437 - Announcement under Regulation 30 (LODR)-Investor Presentation
Please find enclosed herewith the Investor Presentation in connection with the Financial Results of the Bank for the quarter and nine months ended December 31, 2022 (Q3-FY23). The above information is also being hosted on the Bank's website at www.idfcfirstbank.com, in terms of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.21-01-2023
IDFC First Bank Ltd - 539437 - Outcome Of The Board Meeting Of IDFC FIRST Bank Limited ('Bank') Held On January 21, 2023
Pursuant to Regulations 33, 52 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('SEBI Listing Regulations'), we enclose herewith the Unaudited Standalone and Consolidated Financial Results of the Bank for the quarter and nine months ended December 31, 2022 ('Financial Results') duly approved by the Board of Directors of the Bank at their Meeting held today, along with the Limited Review Report issued by the Joint Statutory Auditors of the Bank in this regard. In terms of the above, we are also enclosing herewith the Press Release on Financial Results of the Bank. The above information is also being uploaded on the Bank's website at www.idfcfirstbank.com, in terms of the SEBI Listing Regulations. The Board Meeting of the Bank commenced at 10:00 a.m. and concluded at 03:50 p.m.21-01-2023
IDFC First Bank Q3 Net Profit seen up 117.7% YoY to Rs. 611.9 cr: Prabhudas Lilladher
Net Interest Income (NII) is expected to increase by 19.2 percent Y-o-Y (up 2.4 percent Q-o-Q) to Rs. 3,074.2 crore, according to Prabhudas Lilladher.20-01-2023
IDFC First Bank Ltd - 539437 - Grant/ Cancellation Of Stock Options Under IDFC FIRST Bank Employee Stock Option Scheme
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that in compliance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, as amended from time to time, the Nomination & Remuneration Committee at its meeting held today i.e. January 18, 2023 (Grant Date), approved grant of 10,00,000 stock options to eligible employee under IDFC FIRST Bank Employee Stock Option Scheme. Further, during the quarter ended December 31, 2022, total 21,78,214 stock options, granted to employees of the Bank under IDFC FIRST Bank Employee Stock Option Scheme stands lapsed, terminated and cancelled, as applicable and the said stock options would be available for grant/ re-issue under the Scheme.18-01-2023
IDFC First Bank Ltd - 539437 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
We wish to inform that the 'Allotment, Transfer & Routine Matters Committee' of IDFC FIRST Bank Limited ('Bank') has on January 17, 2023, approved the allotment of 19,18,375 equity shares of face value of ? 10/- each fully paid-up to eligible employees of the Bank upon exercise of Stock Options vested with them under the 'IDFC FIRST Bank ESOS'. These equity shares shall rank pari- passu with the existing equity shares of the Bank in all respects. Post allotment, the issued and paid-up equity share capital of the Bank stands increased from ?62,36,69,29,920 /- comprising of 6,23,66,92,992 equity shares of ?10/- each fully paid-up to ?62,38,61,13,670 /- comprising of 6,23,86,11,367 equity shares of ? 10/- each fully paid-up.18-01-2023