IDFC First Bank Q4: Steady Profit, Strong NII, Improving Asset Quality

reported a stable Q4 performance with net profit rising 4.9% YoY to ₹319 crore. Core income remained robust, as net interest income surged 15.7% to ₹5,677 crore, indicating solid business momentum. Asset quality improved sequentially, with gross NPA declining to 1.61% and net NPA to 0.48%. Provisions fell sharply to ₹869 crore, signaling easing stress on the balance sheet. The bank also absorbed a Chandigarh-related one-off impact of ₹483 crore post-tax, with no further financial adjustments expected. Recent Stock Performance: 1 Week: -1.9% 1 Month: +6.31% YTD: -21.47% Overall, operational performance shows resilience with gradual improvement in key fundamentals. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.