IDFC FIRST BANK Results Analysis-Q2FY2027

Interest Earned for Q2FY27 is Rs. 11,922 Crs., 19.97% growth YoY, Net Interest Income is Rs. 6,184 Crs., 20.97% growth YoY, Total Income is Rs. 14,218 Crs., 20.2% growth YoY, Pre-Provisioning Operating Profit is Rs. 2,539 Crs., 35.02% growth YoY, PBT is Rs. 1,402 Crs., 227.3% growth YoY, Net profit is Rs. 1,045 Crs., 196.5% growth YoY. On QoQ basis Interest Earned has achieved 7.88% growth, Net Interest Income has grown by 3.55%, Total Income has grown by 6.42%, But Pre-Provisioning Operating Profit has grown Negatively by 0.55%, PBT grown negatively by 0.50%, PAT is grown negatively also by 2.82%. For Q2FY27 Gross NPA 1.32% vs 1.86% in Q2FY26, Net NPA 0.4% vs 0.52% in Q2FY26. Return on Assets is 0.93% improved by 55 BPS YoY. the quarter as a structural inflection driven by the RBI FCNR(B) window: large FX-linked deposits, leveraged NRI loans, debut international ratings, and a debut offshore bond issue. FCNR(B) deposits mobilized: ₹34,390cr (~US$3.6bn) = ~10% of deposits as of Sep 30, 2026. NIM: 5.58% vs 5.90% previous quarter (excluding tax refund effect), FCNR-backed lending (denominator effect) -16 bps. Asset quality remains benign, but management explicitly flagged El Niño/drought as a monitoring item rather than a current stress signal.