IDFC First Bank Q2 FY26 – Profit Surges Sharply on Strong Core Performance
IDFC First Bank reported robust Q2 FY26 results, showcasing healthy growth in profitability and steady business expansion. Sales rose 11% YoY to ₹9,937 crore, reflecting consistent growth in core operations. EBIDT increased 25% YoY to ₹3,356 crore, driven by better cost efficiency and stable margins. Net profit jumped 64% YoY to ₹348 crore, supported by strong interest income and improved asset quality. EPS surged 68% YoY to ₹0.47, highlighting solid earnings momentum. At a price of ₹71.9, with a market cap of ₹58,596 crore and PE ratio of 40.8, IDFC First Bank continues to strengthen its profitability and operational performance.
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