IDFC First Bank Q4 FY26 Results: Net Profit Up 4.9% YoY to ₹319 Crore in Q4 FY26 as NII Jumps 15.7%

IDFC First Bank reported a 4.9% year-on-year increase in net profit to ₹319 crore in Q4 FY26, compared with ₹304 crore in the same quarter last year. The bank said its normalised profit after tax stood at ₹746 crore after excluding one-time items such as a fraud incident involving Haryana government accounts, treasury losses, and a tax refund.

IDFC First Bank Q4 FY26 Results: Strong Growth in Net Interest Income

Net interest income (NII) rose 15.7% to ₹5,677 crore from ₹4,907 crore a year earlier. This growth was driven by a 12.1% rise in interest income to ₹10,552.8 crore. Meanwhile, interest expenses increased 8.2% to ₹4,875.58 crore during the quarter.

Operating Profit Under Pressure

Pre-provision operating profit (PPOP) dropped sharply by 41.6% year-on-year to ₹1,059 crore from ₹1,812 crore. The decline was mainly due to pressure on non-interest income. Net interest margin (NIM) slightly moderated to 5.93% from 5.95% a year ago.

Improvement in Asset Quality

The bank’s asset quality improved during the quarter. Gross non-performing assets (GNPA) fell to 1.61% from 1.69% in the previous quarter and 1.89% a year ago. Net NPAs also declined to 0.48% from 0.53% both sequentially and year-on-year.

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Lower Provisions Support Profitability

Provisions dropped 37.9% quarter-on-quarter to ₹869 crore from ₹1,398 crore, which helped boost overall profitability. The bank also received a tax refund of ₹130 crore, compared with a tax expense of ₹57 crore in the same quarter last year.

IDFC First Bank Share Price Movement

IDFC First Bank share price (NSE: IDFCFIRSTB) was trading at ₹70.09 on April 27, 2026, up ₹2.86 (4.25%) for the day. The stock opened at ₹67.86 and touched an intraday high of ₹70.30 and a low of ₹67.85. Over the past year, the stock has recorded a 52-week high of ₹87.00 and a 52-week low of ₹58.08, while offering a dividend yield of 0.36% with a quarterly dividend amount of ₹0.06 per share.

Conclusion

IDFC First Bank delivered moderate profit growth in Q4 FY26, supported by strong NII growth, improving asset quality, and lower provisions. However, pressure on operating profit and margins highlights ongoing challenges in the business environment.

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