IDFC First Bank Ltd.

NSE: IDFCFIRSTB | BSE: 539437 | ISIN: INE092T01019 | Industry: Banks
| Mid-range Performer
69.7100 -1.07 (-1.51%)
NSE Jun 19, 2025 15:31 PM
Volume: 15.6M
 

69.71
-1.51%
Prabhudas Lilladhar
IDFCFB's earnings performance of Rs1.30bn (PLe: Rs1.52bn) was a miss on high provisioning this quarter mainly on back of pro-forma NPAs and higher opex which was offset by higher other income. Pro-forma NPAs came in high at 4.2% and in retail at 3.9% which were on higher side, although bank holds a Rs21.6bn of COVID provision and should see gradual reduction in NPAs on recovery/write-off. Bank's retail drive continues to move ahead with strong CASA growth of 8% QQ and CASA + Retail TDs up 10% QoQ replacing bulk deposits, while corporate book has continued to de-grow by 17% YoY and...
IDFC First Bank Ltd. has an average target of 71.34 from 9 brokers.
More from IDFC First Bank Ltd.
Recommended