IDFC First Bank announced Q2FY26 results Q2FY26 Financial Highlights: Total customer business stood at Rs 5,35,673 crore, which represents a 21.6 percent increase YoY. Loans and Advances: Rs 2,66,579 crore, reflecting a 19.7 percent growth YoY. Gross NPA: 1.86 percent, showing a decrease of 6 basis points YoY. Net NPA: 0.52 percent, showing an increase of 4 basis points YoY. Customer Deposits: Rs 2,69,094 crore, which is a 23.4 percent increase YoY. CASA Deposits: Rs 1,38,583 crore, showing a 26.8 percent growth YoY. CASA Ratio: 50.07 percent, which is an improvement of 119 basis points YoY. Net Interest Margin (NIM): 5.59 percent, which is a decline of 59 basis points YoY. Core Operating Profit: Rs 1,825 crore, showing a decline of 1.7 percent YoY. Net Profit: Rs 352 crore, representing a growth of 75.6 percent YoY. Capital adequacy ratio stood at 14.34 percent, indicating a decrease of 202 basis points YoY. V Vaidyanathan, MD and CEO said “The stress in the MFI business was an MFI industry issue and looks like it is behind us. Other than MFI, the asset quality of the Bank has always been stable for over a decade through cycles and continues to be so with Gross NPA at 1.86% and Net NPA at 0.52% as of 30th September 2025. On cost of funds, we expect it to drop from here on. The bank is witnessing improving operating leverage. For instance, in FY25, total Business, i.e. loans and customer deposits, grew by 22.7% YoY, against increase in Opex of 16.5% YoY. Following on, in H1FY26, total Business grew by 21.6% YoY, against Opex increase of 11.8% YoY. We hope to sustain this trend.” Result PDF
