IDFC First Bank Q3 Results: Profit Jumps 48%, Asset Quality Improves

IDFC First Bank delivered a strong Q3 performance, with net profit surging 48% YoY to ₹502.5 crore, compared to ₹339.4 crore last year. Net Interest Income (NII) grew 12% to ₹5,492.4 crore, supported by steady loan growth and stable margins. Asset quality continued to improve, with Gross NPA declining to 1.69%, while Net NPA stood at 0.53%, reflecting a healthier balance sheet and better credit discipline. Overall, the results highlight consistent growth momentum and strengthening fundamentals for the bank. #IDFCFirstBank #BankingStocks #Q3Results #AssetQuality #StockYardResearch