IDFC First Bank reports record profit in Q1 2027
pre-market1 source ↓written by the desknot a recommendation
- 132% YoY
- in the loan
- 20.6% YoY growth
- in customer deposits
- 16.6% increase
IDFC First Bank reported a record profit of ₹1,075 cr, up 132% YoY. Key highlights include a 20.6% YoY growth in the loan book to ₹3.05 lakh crore and a 16.6% increase in customer deposits. The gross NPA improved to 1.51%, signaling strong asset quality. 📈
This robust performance may enhance investor sentiment and support stock price momentum in the banking sector.
Not investment advice. For informational purposes only.