IDFC First Bank's Q1 FY 2025-26 Quarter Results
- 27 Jul 2025
Result Summary
- IDFC First Bank Ltd reported a 20.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 14.5%.
- Its expenses for the quarter were up by 17.7% QoQ and 13.2% YoY.
- The net profit decreased 38.0% QoQ and decreased 29.4% YoY.
- The earnings per share (EPS) of IDFC First Bank Ltd stood at 0.6 during Q1 FY 2025-26.
Financial Statments for Q1 FY 2025-26
| (₹ crores) | Q1FY26 | Q4FY25 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 11869.02 | 9862.50 | 10362.70 | 20.3% | 14.5% |
Total Expenses | 9638.75 | 8191.81 | 8515.70 | 17.7% | 13.2% |
Provisions & contingencies | 1659.12 | 722.31 | 994.40 | 129.7% | 66.8% |
Profit Before Tax | 571.15 | 948.38 | 852.60 | -39.8% | -33.0% |
Tax | 117.68 | 216.48 | 209.96 | -45.6% | -44.0% |
Profit After Tax | 453.47 | 731.90 | 642.64 | -38.0% | -29.4% |
Earnings Per Share | 0.60 | 1.00 | 0.90 | -40.0% | -33.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
IDFC First Bank Ltd is a financial institution that operates primarily in the banking sector. The bank offers a comprehensive range of banking products and services, including retail banking, corporate banking, and treasury operations. IDFC First Bank is known for its retail lending products, such as personal loans, home loans, and vehicle loans, as well as its corporate banking services, including working capital loans, term loans, and trade finance. The bank is committed to expanding its digital footprint and enhancing customer experience through technology-driven solutions. Recently, IDFC First Bank has been focusing on growing its retail loan book and improving its asset quality, reflecting its strategic direction towards a more retail-centric business model.
Revenue
In the first quarter of the fiscal year 2026 (Q1FY26), IDFC First Bank Ltd reported a total income of ₹11,869.02 crores. This marks a significant increase of 20.3% compared to the previous quarter (Q4FY25), where the bank recorded a total income of ₹9,862.50 crores. Additionally, there is a 14.5% year-over-year growth from Q1FY25's total income of ₹10,362.70 crores. The growth in total income suggests an upward trajectory in the bank's revenue generation capabilities. This increase can be attributed to various factors including a potential rise in interest income, fee income, or other banking activities contributing to the overall financial performance of the bank.
Profitability
The profitability metrics for IDFC First Bank Ltd reveal a decline in the first quarter of FY26. The bank's Profit Before Tax (PBT) stood at ₹571.15 crores, representing a decrease of 39.8% quarter-over-quarter from Q4FY25's PBT of ₹948.38 crores. When compared year-over-year, the PBT declined by 33.0% from Q1FY25's figure of ₹852.60 crores. The Profit After Tax (PAT) also saw a reduction, amounting to ₹453.47 crores in Q1FY26, which is a 38.0% decline from ₹731.90 crores in the previous quarter and a 29.4% decrease from ₹642.64 crores in the same quarter last year. The earnings per share (EPS) followed a similar trend, decreasing to ₹0.60 from ₹1.00 in Q4FY25 and ₹0.90 in Q1FY25, reflecting a quarter-over-quarter drop of 40.0% and a year-over-year decline of 33.3%.
Operating Metrics
The operating expenses of IDFC First Bank Ltd have surged in the first quarter of FY26. Total expenses reached ₹9,638.75 crores, which is a 17.7% increase from the previous quarter's expenses of ₹8,191.81 crores and a 13.2% rise from ₹8,515.70 crores in Q1FY25. Notably, provisions and contingencies have escalated significantly, standing at ₹1,659.12 crores in Q1FY26, up by 129.7% from ₹722.31 crores in Q4FY25 and 66.8% from ₹994.40 crores in the same period last year. This substantial rise in provisions may indicate a strategic focus on strengthening the bank's financial buffers against potential credit risks. The tax expense in Q1FY26 was ₹117.68 crores, reflecting a 45.6% decrease from the previous quarter and a 44.0% reduction from the same quarter in the previous year, aligning with the overall trend of reduced profitability.