IDFC First Bank Q1: GNPA Improves to 1.51%, NNPA at 0.44%; Provisions Rise QoQ

$IDFCFIRSTB reported improved asset quality in Q1 FY27, with Gross NPA declining to 1.51% from 1.61% sequentially and Net NPA easing to 0.44% from 0.48%. Provisions rose to ₹1,144 crore from ₹869 crore in the previous quarter, though they were lower year-on-year. The bank delivered its highest-ever quarterly profit, supported by strong net interest income growth and better operating metrics. Management highlighted continued focus on retail growth and risk management. *Top stocks in the banking industry:* $HDFCBANK , $ICICIBANK , and $AXISBANK .