Provisions for the Quarter reduced by 3.7% QoQ from Rs1,452 crores to Rs1,398 crores.
FinTech BizNews Service
Mumbai, January 31, 2026: The Board of Directors of IDFC FIRST Bank, in its meeting held today, approved the unaudited financial results
for the quarter and nine months ended December 31, 2025.
Rs. Crore | 31st Dec-24 | 30th Sep-25 | 31st Dec-25 | YoY Change | QoQ Change |
Total Customer Business | 4,58,390 | 5,35,673 | 5,62,090 | 22.62% | 4.93% |
Assets |
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Loans and Advances | 2,31,074 | 2,66,579 | 2,79,428 | 20.93% | 4.82% |
Gross NPA | 1.94% | 1.86% | 1.69% | -25 bps | -17 bps |
Net NPA | 0.52% | 0.52% | 0.53% | 1 bps | 1 bps |
SMA 1 + 2 (Retail, Rural and MSME) | 1.03% | 0.90% | 0.88% | -15 bps | -2 bps |
Deposits |
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Customer Deposits | 2,27,316 | 2,69,094 | 2,82,662 | 24.35% | 5.04% |
CASA Deposits | 1,13,078 | 1,38,583 | 1,50,350 | 32.96% | 8.49% |
CASA Ratio | 47.74% | 50.07% | 51.64% | 390 bps | 157 bps |
Cost of Funds | 6.49% | 6.23% | 6.11% | -38 bps | -12 bps |
Profitability | Q3 FY25 | Q2 FY26 | Q3 FY26 | YoY Change | QoQ Change |
Net Interest Margin | 6.04% | 5.59% | 5.76% | -28 bps | 17 bps |
Core Operating Profit | 1,736 | 1,825 | 1,937 | 11.59% | 6.16% |
Net Profit | 339 | 352 | 503 | 48.05% | 42.64% |
Capital Adequacy% (as of Period ending) | 16.11% | 14.34% | 16.22% | 11 bps | 188 bps |
(Note: Loans and advances include credit substitutes. NIM is Gross of IBPC & Sell-down. Capital Adequacy includes profits of the interim periods.)
Notes:
1. 89% of the YoY growth in loans and advances of the Bank is constituted by growth in Mortgage Loans, Vehicle loans, Consumer loans, Business Banking and Wholesale loans
2. Credit Cards in force reached 4.3 million during Q3 FY26.
3. Wealth management Business of the Bank grew by 31% YoY to reach Rs. 58,957 crores.
4. Provisions for the Quarter reduced by 3.7% QoQ from Rs. 1,452 crores to Rs. 1,398 crores.
Commenting on the results, Mr. V Vaidyanathan, MD and CEO said “We are seeing a strong business momentum across all our main lines of businesses, including lending, deposits, wealth management, transaction banking etc. Our asset quality has improved with GNPA at 1.69% and Net NPA at 0.53% as of 31st December 2025. On cost of funds, we expect it to further drop from here because of recent revision in savings rates, which will enable us to expand our lending franchise.”
