IDFC FIRST Bank Share Price Gains Over 6% After Q1 FY27 Earnings Results: Total Income Up 12.6% YoY

On July 25, 2026, IDFC FIRST Bank Limited announced its unaudited consolidated financial results for the quarter ended June 30, 2026, as per the exchange filings.  

The bank reported a total income of ₹13,360.69 crore and net profit of ₹1,147.82 crore for the quarter ended June 30, 2026. 

IDFC FIRST Bank Q1 FY27 Earnings Results  

IDFC FIRST Bank Limited reported a 12.6% year-on-year (YoY) increase in total income, reaching ₹13,360.69 crore, compared to ₹11,869.02 crore in the same quarter of the previous year.  

Additionally, the total income saw a 9.7% quarter-on-quarter (QoQ) rise from ₹12,182.97 crore in the March 2026 quarter. 

The bank's net profit for the June 2026 quarter surged by 153.1% YoY to ₹1,147.82 crore, up from ₹453.47 crore in the corresponding quarter of the previous year.  

On a QoQ basis, the net profit increased by 247.2% from ₹330.64 crore in the March 2026 quarter. 

Annual Financial Performance for FY26 

For the entire financial year 2026, IDFC FIRST Bank achieved a total income of ₹48,422.39 crore. The net profit for the year reached ₹1,610.56 crore, indicating a strong financial position and successful execution of its business strategies. 

Read More: Tata Consumer Products Q1 FY27 Results: Revenue Rises 12%, Net Profit Jumps 29% on Strong India Business Growth! 

Strong Momentum in Customer Business 

The bank's total customer business, which combines loans and customer deposits, surged 18.6% year-on-year to reach ₹6,04,776 crore.  

Total customer deposits grew by 16.6% to ₹2,99,405 crore, while overall loans and advances climbed 20.6% to ₹3,05,370 crore. This strong credit expansion was primarily driven by incremental growth in mortgage, vehicle, corporate, and consumer loans. 

Significant Gains in Asset Quality 

IDFC FIRST Bank demonstrated robust risk management as its asset quality metrics improved significantly across the board. The Gross Non-Performing Asset (NPA) ratio fell by 45 basis points year-on-year to 1.51%, while the Net NPA ratio dropped to 0.44%.  

Furthermore, provisions as a percentage of average loans fell to 1.53%, reflecting a much healthier loan book. 

Also Check: Bank Stocks

Healthy Margins and Capital Cushion 

The bank's financial foundations strengthened with its Net Interest Margin (NIM) improving by 25 basis points year-on-year to reach 5.96%.  

This margin expansion was aided by a 46 basis point reduction in the cost of funds, which fell to 5.96%. In terms of financial stability, the bank maintained a robust capital adequacy ratio of 15.05%, supported by a CET-I ratio of 13.33%. 

Prudent Contingency Provisions 

During the quarter, the bank successfully received claims worth ₹514.8 crore under the CGFMU scheme against its microfinance portfolio. Demonstrating a highly conservative and prudent approach to risk, management decided to reallocate these funds.  

They created a fresh contingency provision of ₹515.0 crore to buffer against macro geopolitical uncertainties, potential monsoon impacts, and fuel price volatility. 

IDFC First Bank Share Price Performance 

As of July 27, 2026, at 9:55 AM, IDFC First Bank share price on NSE was trading at ₹85.77, up by 6.16% from the previous closing price. 

Conclusion 

IDFC FIRST Bank's total income increased by 12.6% YoY to ₹13,360.69 crore in the June 2026 quarter. Net profit rose by 153.1% YoY to ₹1,147.82 crore. For FY26, total income was ₹48,422.39 crore, with a net profit of ₹1,610.56 crore. 

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