Awards & Recognitions slide image

Awards & Recognitions

d. Core Pre-provisioning Operating Profit Section 9: Profitability & Capital The core operating profits growth continues to outpace overall balance sheet growth Balance Sheet Growth PPOP Growth 9% 8% 17% 44% 26% 67% The core PPOP (NII + Fees excluding Trading Gains - Opex) of the Bank grew by 67% as compared to balance sheet growth of 26% in FY23. This demonstrates the power of incremental profitability in all our businesses. This phenomenon has played out to bring in growth in core PPOP every quarter and we expect it to continue over the next few years till we reach sustainable ROA / ROE levels as comparable to the industry. FY21 FY22 FY23 56 IDFC FIRST Bank
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