IDFC First Bank Q1FY27: Net profit rises 132% Y-o-Y to ₹1,075 crore

IDFC First Bank on Saturday reported its highest-ever quarterly profit after tax (PAT) of Rs 1,075 crore in April-June period of the current fiscal year, up 132.4 per cent from Rs 463 crore in the year-ago period.
Total customer business increased to Rs 6,04,776 crore as of June 30, 2026 from Rs 5,10,031 crore as of June 30, 2025, a growth of 18.6 per cent, the bank said in a stock exchange filing.
The bank further said its loans and advances increased to Rs 3,05,370 crore as of June 30, 2026 from Rs 2,53,233 crore as of June 30, 2025, a growth of 20.6 per cent.
Gross NPA of the bank improved to 1.51 per cent as of June 30, 2026 from 1.97 per cent as of June 30, 2025.

Net NPA, too, improved to 0.44 per cent from 0.55 per cent as of June 30, 2025.
Net interest margin of the bank improved to 5.96 per cent during the quarter under review as against 5.71 per cent in the year-ago period.
IDFC First Bank further said it has created a contingency provision of Rs 515 crore on a prudent ba