IDFC FIRST Bank Risk Management & Asset Quality
d. Core Pre-provisioning Operating Profit
Section 10: Profitability & Capital
•
35% YoY growth in Core Operating Profit (excluding trading gains) during 9M FY24
The core operating profit (excluding trading gains) of the Bank is growing higher than the overall balance sheet growth. This demonstrates the
power of incremental profitability of the core business model.
Loan book has grown at a 4Year CAGR of 10% but against which the operating profit has grown at the 4Year CAGR of 43%
Balance Sheet growth
Core Pre-Provisioning Operating Profit (In Rs. Crore)
4,607
35% YOY growth in Core Operating
Profit in 9M FY24 against 22%
Balance sheet growth
Core operating profit growth
PPOP Growth
Effective
opening of
jaws
3,265
4Y CAGR: 43%
2,753
(Post merger)
1,909
(Pre-merger
standalone Bank)
1,764
1,105
397
Balance sheet growth
4Y CAGR: 9%
4,398
H1 FY19
(Annualized)
H2 FY19
(Annualized)
FY20
FY21
FY22
FY23
9M FY23
9M FY24
65
IDFC FIRST
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