IDFC First Bank Q3 Profit Rises 48% to Rs 503 Crore on Broad-Based Growth
Management signals lower funding costs after savings-rate cuts will support expansion of the lending franchise.
Overview
- Total income reached Rs 12,542 crore, with interest income at Rs 10,417 crore and net interest income at Rs 5,492 crore as net interest margin stood at 5.76%, softer year on year.
- Asset quality improved with gross NPAs at 1.69% and net NPAs at 0.53% as of December 31, 2025.
- The capital adequacy ratio increased to 16.22% at quarter-end, reflecting a stronger balance sheet.
- Customer deposits grew 24.3% year on year and loans rose 20.9%, taking balances to Rs 2.82 lakh crore and Rs 2.79 lakh crore, respectively.
- Provisions eased 3.7% quarter on quarter to Rs 1,398 crore, while the franchise expanded to 4.3 million credit cards and wealth AUM climbed 31% to Rs 58,957 crore.