IDFC First Bank Shares Drop Sharply After Weak Q3 Results | Should You Hold The Shares

Shares of IDFC First Bank Ltd. dropped by 7.74% following the lender’s disappointing quarterly results for the period ending December 2024. The private-sector lender reported a significant 53% decline in its profit year-on-year (YoY), posting a net profit of Rs 716 crore. The drop in profit was attributed to a substantial increase in provisions, particularly for its microfinance institutions segment #idfcfirstbankshareprice #idfcfirstbankstocknews #q3results ------------------------------------------------------------------------------------------------------------------------------------------- For more videos subscribe to our channel:    / @ndtvprofitindia   Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter the stock market unaware. Read all Research Reports here: https://www.ndtvprofit.com/research-r... Follow NDTV Profit here Twitter:   / ndtvprofitindia   ,   / ndtvprofit   LinkedIn:   / ndtv.  . Telegram: http://t.me/ndtvprofitnews