StockWatch
·

IDFC First Bank Ltd Q2 FY26 Results

IDFCFIRSTBQ2 FY26 Results
Filing
MetricValue ( Cr)Q1 FY26Q2 FY25
Revenue9.9K3.1%10.9%
Total Income11.8K0.3%10.7%
Expenditure10.0K3.3%14.3%
PBT423.7125.8%72.9%
Net Profit347.8023.3%64.1%
OPM18.87%4.26pp
NPM2.94%0.88pp0.96pp
EPS0.3543.5%25.0%
View full financials

IDFC First Bank Q2 FY26 PAT at Rs. 352 crore, PAT up 76% YoY

18 Oct 2025 · 18 Oct 2025, 05:11 pm

Summary

IDFC First Bank published its unaudited financial results for the quarter and half year ended September 30, 2025. The bank reported a YoY increase in loans and advances, customer deposits, and a decrease in gross and net NPAs. The bank's net profit for Q2 FY26 was up 75.6% YoY.

Key Highlights

  1. 1

    Total Customer Business: 4,40,640 (Q2 FY25), 5,10,031 (Q1 FY26), 5,35,673 (Q2 FY26)

  2. 2

    Loans and Advances: 2,22,613 (Q2 FY25), 2,53,233 (Q1 FY26), 2,66,579 (Q2 FY26)

  3. 3

    Gross NPA: 1.92% (Q2 FY25), 1.97% (Q1 FY26), 1.86% (Q2 FY26)

  4. 4

    Net NPA: 0.48% (Q2 FY25), 0.55% (Q1 FY26), 0.52% (Q2 FY26)

  5. 5

    Customer Deposits: 2,18,026 (Q2 FY25), 2,56,799 (Q1 FY26), 2,69,094 (Q2 FY26)

  6. 6

    CASA Deposits: 1,09,292 (Q2 FY25), 1,27,158 (Q1 FY26), 1,38,583 (Q2 FY26)

  7. 7

    Cost of Funds: 6.46% (Q2 FY25), 6.42% (Q1 FY26), 6.23% (Q2 FY26)

  8. 8

    Net Profit: 201 (Q2 FY25), 463 (Q1 FY26), 352 (Q2 FY26)

  9. 9

    Capital Adequacy: 16.36% (as of Sep 30, 2025), 15.01% (as of Sep 30, 2024), 14.34% (as of Sep 30, 2025)

Management Comments

M

Mr. V Vaidyanathan

MD and CEO

The stress in the MFI business was an MFI industry issue and looks like it is behind us. Other than MFI, the asset quality of the Bank has always been stable for over a decade through cycles and continues to be so with Gross NPA at 1.86% and Net NPA at 0.52% as of 30 September 2025. On cost of funds, we expect it to drop from here on. The bank is witnessing improving operating leverage.

Informational and educational content only. Not investment advice.