Private sector lender IDFC First Bank posted its results for the quarter ended June 2026 (Q1FY27) on Saturday, July 25. IDFC First Bank reported a sharp rise in profitability for the first quarter of the financial year, with net profit more than doubling year-on-year (YoY), aided by strong growth in net interest income (NII) and lower provisions. The private sector lender posted a net profit of ₹1,075 crore for the quarter, up 132.2% from ₹463 crore in the corresponding period last year. NII, the difference between interest earned and interest paid, increased 21% YoY to ₹5,972 crore from ₹4,933 crore a year earlier, reflecting healthy growth in the bank's core lending business. Net Interest Margin (NIM) of the Bank improved to 5.96% in Q1 FY27 from 5.71% in Q1 FY26, up 25 bps. On QOQ, basis it was up by 3 bps.

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