VERIFIEDMint Markets·25 Jul 2026positive

IDFC First Bank Q1 Results 2026: Net profit surges 132% to ₹1,075 crore; NII rises 21%

AI Summary

·IDFC First Bank reported a Q1 FY27 net profit of ₹1,075 crore, a 132.2% year-over-year increase.
·Net interest income growth and reduced provisions contributed to the profit surge.
·Customer business grew 18.6% year-over-year, with loans up 20.6% and deposits up 16.6%.