IDFC First Bank Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
IDFC FIRST Bank reported Q1 FY27 profit of Rs 1,075 crore, up 132% year-on-year, with net interest margin at 5.96% and gross NPA improving to 1.51%. Customer deposits grew 16.6% Y-o-Y to just shy of Rs 3 lakh crore while the loan book crossed Rs 3.05 lakh crore, up 20.6% Y-o-Y. Management said credit cost guidance for the year has been revised down to 150-160 basis points from an earlier 170-180 basis points, and reaffirmed an expectation of reaching around 1% ROA for the full year.
IDFC First Bank reported Q4 FY26 profit after tax of Rs. 319 crores, which included a one-time fraud-related impact of about Rs. 480 crores post-tax, a treasury trading loss, and a tax refund; normalized PAT excluding these items was Rs. 746 crores. Loans and advances grew 20% year-on-year to about Rs. 2.9 lakh crores, deposits grew 16.8% year-on-year to Rs. 2.94 lakh crores with CASA ratio at 49.8%, and asset quality metrics including gross and net NPA ratios improved during the quarter. Management also discussed a fraud incident during the quarter involving a claim payment of Rs. 646 crores in principal and described the bank's response and subsequent deposit trends.