IDFC First Bank on Saturday reported a standalone net profit of Rs 319 crore for the March quarter of FY26, up 5% from Rs 304 crore in the same period last year.
The private lender’s net interest margins (NIM) saw a 2 basis points year-on-year decline to 5.93% in Q4FY26 versus 5.95% in the year-ago period.
IDFC First Bank earned an interest income of Rs 10,553 crore in the quarter under review, up 12% from Rs 9,413 crore reported in the year-ago period. The lender paid Rs 4,876 crore as interest in Q4FY26 versus Rs 4,506 crore in Q4FY25, recording a near 8% jump.
The net interest income or NII (which is interest earned less interest expensed) stood at Rs 5,677.19 crore in Q4FY26 compared to Rs 4,907.16 crore in the year-ago period, implying a 16% increase.
More to come….