IDFC First Bank has reported a 5% increase in its Profit After Tax (PAT) for the fourth quarter of the fiscal year 2026, reaching ₹319 crore. The bank’s normalised PAT, excluding one-time impacts, surged by 145% year-on-year to ₹746 crore.
The financial results for the quarter and year ending March 31, 2026, were approved by the Board of Directors in a meeting held on April 25, 2026. The bank’s total customer business grew by 18.6% year-on-year to ₹5,74,731 crore, with loans and advances increasing by 20% to ₹2,90,278 crore.
The bank’s asset quality showed improvement, with Gross Non-Performing Assets (GNPA) reducing to 1.61% and Net NPA to 0.48%. The provisions as a percentage of average loans decreased to 1.63% in Q4 FY26, marking the lowest level in two years.
IDFC First Bank’s customer deposits rose by 17.3% year-on-year to ₹2,84,453 crore, while the CASA ratio stood at 49.80%. The bank’s net interest margin for the quarter was 5.93%, reflecting an 18 basis point increase quarter-on-quarter.
The bank also reported significant growth in its wealth management business, which increased by 23% year-on-year to surpass ₹57,000 crore. Additionally, the number of credit cards in force crossed the 4.5 million mark during the quarter.
Commenting on the results, V Vaidyanathan, MD and CEO of IDFC First Bank, stated that the asset quality remains stable, with the micro-finance issue being resolved. He expressed confidence in the bank’s ability to grow its deposit business in line with past trends.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).