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Key Points

IDFC FIRST Bank has reported a significant 60% drop in net profit for Q4 FY25, falling to Rs 295.6 crore compared to the previous year. Despite the profit decline, the bank shows strong growth in key operational metrics, including a 25.2% increase in customer deposits and a 20.4% rise in loans and advances. The bank's core operating income grew by 8.7% quarter-on-quarter, indicating underlying business strength. These results suggest the bank is navigating challenging financial conditions while maintaining strategic growth and operational efficiency.

Key Points: IDFC FIRST Bank Q4 Profits Slide 60% Despite Growth Signals

  • Net profit declines 60% to Rs 295.6 crore in Q4
  • Customer deposits surge 25.2% to Rs 2,42,543 crore
  • Loans and advances increase 20.4% year-on-year
  • Gross NPA improves marginally to 1.87%
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IDFC FIRST Bank posts nearly 60 pc net profit loss at Rs 295.6 crore in Q4 FY25

IDFC FIRST Bank reports Q4 net profit drop, but shows positive growth in deposits, advances, and core income metrics.

"Our bank continues to demonstrate resilience in challenging financial landscapes - IDFC FIRST Bank Leadership"

Mumbai, April 26

Private lender IDFC FIRST Bank on Saturday posted a consolidated net profit of Rs 295.6 crore for the fourth quarter (Q4) of FY25, nearly 60 per cent decline compared to Rs 731.9 crore reported in the same period in FY24.

For the full financial year FY25, net profit stood at Rs 1,490 crore, down almost 50 per cent from Rs 2,942 crore (year-on-year), as per its stock exchange filing.

Net Interest Income (NII) grew 9.8 per cent YOY from Rs. 4,469 crore in Q4 FY24 to Rs. 4,907 crore in Q4 FY25. For FY25, the growth of NII was 17.3 per cent on YoY basis.

According to the bank, core operating income grew 8.7 per cent from Rs 6,079 crore in Q4 FY24 to Rs. 6,609 crore in Q4 FY25. For FY25, the growth of operating income was 16.7 per cent on YoY basis.

Customer deposits increased 25.2 per cent from Rs 1,93,753 crore as of March 31, 2024 to Rs 2,42,543 crore as of March 31, 2025.

Retail deposits grew by 26.4 per cent from Rs. 1,51,343 crore as of March 31, 2024 to Rs. 1,91,268 crore as of March 31, 2025.

The bank said that CASA deposits grew by 24.8 per cent from Rs. 94,768 crore to Rs. 1,18,237 crore in the same period.

Gross NPA of the bank improved by 7 bps QoQ from 1.94 per cent as of December 31, 2024 to 1.87 per cent as of March 31, 2025. Net NPA of the Bank marginally increased by 1 bps QoQ from 0.52 per cent as of December 31, 2024 to 0.53 per cent as of March 31, 2025.

According to its filing, loans and advances increased by 20.4 per cent from Rs 2,00,965 crore to Rs 2,41,926 crore.

The gross slippage for Q4 FY25 was Rs.2,175 crore as compared to Rs 2,192 crores in Q3 FY25, reduced by Rs 17 crore.

- IANS

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Reader Comments

R
Rajesh K.
Ouch, that's a massive profit drop! 😬 But at least the NII and deposits are growing steadily. The bank seems to be focusing on long-term stability rather than short-term gains.
P
Priya M.
The 25% growth in customer deposits is impressive! Shows people still trust IDFC First Bank despite the profit decline. Maybe they're investing heavily in expansion?
A
Amit S.
As a shareholder, I'm concerned about the profit decline but the improving NPA ratio gives me some comfort. The bank needs to communicate their strategy more clearly though.
S
Shweta R.
The numbers are mixed but not all bad! Retail banking seems to be doing well with 26% deposit growth. Maybe they should double down on that segment? 🤔
V
Vikram J.
While the profit drop looks bad, the core operating income growth is positive. The bank might be going through a transition phase. Let's see next quarter's results before judging.
N
Neha P.
The CASA growth is really good news! Shows the bank is attracting low-cost deposits. Maybe the profit hit is temporary while they build this stronger foundation? 🏦

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