Kotak Mahindra Bank announced Q1FY26 results Consolidated Financial Highlights: Consolidated Customer Assets which comprises Advances (incl. IBPC & BRDS) and Credit Substitutes grew to Rs 557,369 crore as at June 30, 2025, up 13% YoY from Rs 4,94,105 crore as at June 30, 2024. Total Assets Under Management as at June 30, 2025 grew to Rs 7,50,143 crore , up 18% YoY from Rs 6,36,311 crore as at June 30, 2024. The Domestic MF Equity AUM increased by 22% YoY to Rs 3,57,323 crore as at June 30, 2025. Consolidated Networth as at June 30, 2025 was Rs 1,64,903 crore. The Book Value per Share increased to Rs 829 as at June 30, 2025, up 17% YoY from Rs 710 as at June 30, 2024. At the consolidated level, Return on Assets (ROA) for Q1FY26 (annualized) was 2.03%. Return on Equity (ROE) for Q1FY26 (annualized) was 11.13%. Consolidated Capital Adequacy Ratio as per Basel III as at June 30, 2025 was 23.7% and CET I ratio was 22.7% (including unaudited profits). Average Liquidity Coverage Ratio stood at 138% for Q1FY26. Standalone Financial Highlights: Average advances (incl. IBPC & BRDS) for Q1FY26 grew at 14% YoY Net Advances increased 14% YoY to Rs 4,44,823 crore as at June 30, 2025 from Rs 3,89,957 crore as at June 30, 2024. Average Total Deposits grew to Rs 4,91,998 crore for Q1FY26, up 13% YoY from Rs 4,35,603 crore for Q1FY25. Net Interest Margin (NIM) was 4.65% for Q1FY26 Operating profit for Q1FY26 increased to Rs 5,564 crore, up 6% YoY from Rs 5,254 crore in Q1FY25. The Bank’s PAT for Q1FY26 stood at Rs 3,282 crore (Rs 3,520 crore in Q1FY25 excluding gain of KGI divestment). Standalone Return on Assets (ROA) for Q1FY26 (annualized) was 1.94%. Return on Equity (ROE) for Q1FY26 (annualized) was 10.94%. Capital Adequacy Ratio of the Bank, as per Basel III, as at June 30, 2025 was 23.0% and CET1 ratio of 21.8% (including unaudited profits) Result PDF
IDFC First Bank announced Q1FY26 results Net Interest Income (NII) grew 5.1% YOY from Rs 4,695 crore in Q1FY25 to Rs 4,933 crore in Q1FY26 Net Interest Margin (NIM) on AUM of the Bank reduced by 24 bps QoQ, from 5.95% in Q4FY25 to 5.71% in Q1FY26, largely due to Repo impact, asset mix change (including sharp decline in the micro-finance business) and decline in investment yields. Total Operating income (including trading gains) grew by 13.4% from Rs 6,314 crore in Q1FY25 to Rs 7,160 crore in Q1FY26 Operating Expense grew by 11.0% YOY from Rs 4,432 crore in Q1FY25 to Rs 4,921 crore in Q1FY26 Operating Profit (excluding trading gains) reduced by 6.2% from Rs 1,858 crore in Q1FY25 to Rs 1,744 crore in Q1FY26. Sequentially, it increased by 7.8%. Operating Profit (including trading gains) grew 19.0% from Rs 1,882 crore in Q1FY25 to Rs 2,239 crore in Q1FY26 Net Profit sequentially grew 52.1% to Rs 463 crore in Q1FY26, on a YoY basis it de-grew by 32%, largely impacted by microfinance business and interest rate movement. The Capital adequacy ratio, including profits for Q1FY26 was at 15.01% with CET-I ratio of 12.80% Customer Deposits increased 25.5% YOY from Rs 2,04,572 crore as of June 30, 2024 to Rs 2,56,799 crore as of June 30, 2025 CASA Ratio stood at 48.0% as of June 30, 2025 (46.6% as of June 30, 2024) V Vaidyanathan, Managing Director and CEO, IDFC FIRST Bank, said, “We are pleased to share that our core franchise continues to grow well. In banking, Capital is the foundation and Deposits are the raw material for our business. With the impending equity raise, our capital adequacy will be at 17.6% (if computed at June 30, 2025). With customer deposits growing at 25.5%, our funding is strong. Our incremental Credit Deposit Ratio for the last 1 year is only 75.8%. On Asset Quality, all our businesses, other than microfinance continue to perform well, GNPA and NNPA are at 1.97% and 0.55%, respectively. Our margins reduced because we passed on the benefit of repo rate to eligible borrowers and asset mix change, but term deposits broadly would take a year to reprice downwards. So, by H2FY26 margins is likely to be better. Also, by H2FY26, MFI issue should largely be behind us. Our customer franchise is strong. So all-in-all we are well positioned well for the future.” Result PDF