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IDFC First Bank (BOM:539437) Gross-Profit-to-Asset % : 8.25% (As of Mar. 2024)


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What is IDFC First Bank Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. IDFC First Bank's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹244,501 Mil. IDFC First Bank's average Total Assets over the quarter that ended in Mar. 2024 was ₹2,962,098 Mil. Therefore, IDFC First Bank's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 8.25%.


IDFC First Bank Gross-Profit-to-Asset % Historical Data

The historical data trend for IDFC First Bank's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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IDFC First Bank Gross-Profit-to-Asset % Chart

IDFC First Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.23 6.69 7.53 7.96 8.35

IDFC First Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.34 8.33 8.50 8.77 8.25

Competitive Comparison of IDFC First Bank's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, IDFC First Bank's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IDFC First Bank's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, IDFC First Bank's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where IDFC First Bank's Gross-Profit-to-Asset % falls into.



IDFC First Bank Gross-Profit-to-Asset % Calculation

IDFC First Bank's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=223865.4/( (2398820.511+2962097.8)/ 2 )
=223865.4/2680459.1555
=8.35 %

IDFC First Bank's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=244500.8/( (0+2962097.8)/ 1 )
=244500.8/2962097.8
=8.25 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


IDFC First Bank Gross-Profit-to-Asset % Related Terms

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IDFC First Bank (BOM:539437) Business Description

Traded in Other Exchanges
Address
The Square, C-61, G-Block, Ground Floor To 8th Floor, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
IDFC First Bank Ltd provides banking services including lending to individuals, providing loans, non-fund facilities, transaction services, corporate advisory, project appraisal placement, and syndication through the branch network and other delivery channels. The bank holds an investment portfolio, money market borrowing and lending, investment operations, and an entire foreign exchange and derivative portfolio. It organizes its business into four segments namely Treasury, Corporate and Wholesale, Retail, and Other Banking Business. The company generates maximum revenue from the Retail banking segment.

IDFC First Bank (BOM:539437) Headlines

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