IDFC First Bank announced Q4FY25 & FY25 results Financial Highlights: Net Interest Income (NII) grew 9.8% YoY from Rs 4,469 crore in Q4FY24 to Rs 4,907 crore in Q4FY25. For FY25, the growth of NII was 17.3% on YoY basis. Net Interest Margin (NIM) on AUM of the Bank reduced by 9 bps QoQ, from 6.04% in Q3FY25 to 5.95% in Q4FY25, largely due to decline in the micro-finance business. For FY25, NIM was 6.09%. Fee and Other Income grew by 5.7% YoY from Rs 1,610 crore in Q4FY24 to Rs 1,702 crore in Q4FY25. For FY25, the growth of Fee and Other Income was 15.2% on YoY basis. Core Operating income grew 8.7% from Rs 6,079 crore in Q4FY24 to Rs 6,609 crore in Q4FY25. For FY25, the growth of Operating Income was 16.7% on YoY basis. Operating Expense grew by 12.2% YoY from Rs 4,447 crore in Q4FY24 to Rs 4,991 crore in Q4FY25. For FY25, the growth of Operating Expenses was at 16.5% on YoY basis. Core Operating Profit (excluding trading gain) de-grew from Rs 1,632 crore in Q4FY24 to Rs 1,618 crore in Q4FY25. In FY25 it grew 17.2% from Rs 6,030 crore in FY24 to Rs 7,069 crore. Excluding microfinance business, the core operating profit grew by 19.9% YoY in Q4FY25 and by 30.6% YoY in FY25. Including trading gains, operating profit increased by 8.9% YoY in Q4FY25 and grew by 18.9% in FY25. Net Profit for Q4FY25 was Rs 304 croreore as compared to Rs724 crore in Q4FY24. For FY25, the Net profit decreased by 48.4% on YoY basis to Rs 1,525 crore, largely impacted due by the issues in the microfinance industry. Deposits & Borrowings: Customer Depositsincreased 25.2% YoY 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% YoY from Rs 1,51,343 crore as of March 31, 2024 to Rs 1,91,268 crore as of March 31, 2025. CASA Deposits grew by 24.8% YoY from Rs 94,768 crore as of March 31, 2024 to Rs 1,18,237 crore as of March 31, 2025. CASA Ratio stood at 46.9% as of March 31, 2025 (47.2% as of March 31, 2024). Retail Deposits constitute 79% of total customer deposits as of March 31, 2025. Other Businesses: croreedit card issued by the Bank crosses 3.5 million mark during last quarter. Wealth Management AUM (including deposit balances) grew 27% YoY to touch Rs 42,665 crore. FASTag: Bank remains the largest issuer bank with 17.8 million live FASTags. Loans and Advances: Loans and Advances* increased by 20.4% YoY from Rs 2,00,965 crore as of March 31, 2024 to Rs 2,41,926 crore as of March 31, 2025. Retail, Rural and MSME book grew by 18.6% YoY from Rs 1,66,604 crore as of March 31, 2024 to Rs 1,97,568 crore as of March 31, 2025. Microfinance portfolio reduced by 28.3% YoY and its proportion to overall loan book reduced from 6.6% in Mar-2024 to 4.0% in Mar-2025. The Bank’s legacy infrastructure book reduced by 17% YoY to Rs 2,348 crore as of March 31, 2025, constituting less than 1% of the total funded assets of the Bank. Assets Quality: Gross NPA of the Bank improved by 7 bps QoQ from 1.94% as of December 31, 2024 to 1.87% as of March 31, 2025. Net NPA of the Bank marginally increased by 1 bps QoQ from 0.52% as of December 31, 2024 to 0.53% as of March 31, 2025. V Vaidyanathan, Managing Director and CEO, IDFC FIRST Bank , said: “Our customer deposits grew well at 25% YoY and the CASA ratio continues to remain strong at 46.9%, reflecting the strength of our deposit franchise. Our funded asset book grew by 20.4%. Importantly, the Bank's asset quality remains resilient, with GNPA and NNPA at 1.87% and 0.53% respectively. Further, an affiliate entity of Warburg Pincus LLC and a wholly owned subsidiary of private equity division of Abu Dhabi Investment Authority (ADIA), have committed to invest ~Rs 7,500 crore in the Bank (subject to necessary regulatory and shareholders’ approvals), which will further strengthen our Capital Adequacy Ratio and support our next phase of growth. We continue to be committed to grow responsibly, serve high-quality products and services, lead with innovation and build customer centric propositions.” Result PDF