IDFC First Bank Ltd.

NSE: IDFCFIRSTB | BSE: 539437 | ISIN: INE092T01019 | Industry: Banks
| Mid-range Performer
71.4200 -0.89 (-1.23%)
NSE Jun 10, 2025 15:31 PM
Volume: 18.6M
 

71.42
-1.23%
ICICI Securities Limited
IDFC First Bank (IDFCFB) has once again reported strong quarterly earnings in Q1FY24 with PAT at INR 7.65bn, (up 61% YoY; in line with our estimates) driven by strong loan growth and moderating cost-income leading to rising core RoA, while net NPAs are down QoQ for the 8th consecutive quarter. The bank has delivered over 1% RoA and >24% YoY loan growth for the 4th consecutive quarter, suggesting strong execution.
IDFC First Bank Ltd. is trading above all available SMAs
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