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Reading: IDFC First Financial institution Q2 outcomes: Standalone PAT shoots up by 75% YoY, NII up 7%
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StockWaves > Financial News > IDFC First Financial institution Q2 outcomes: Standalone PAT shoots up by 75% YoY, NII up 7%
Financial News

IDFC First Financial institution Q2 outcomes: Standalone PAT shoots up by 75% YoY, NII up 7%

StockWaves By StockWaves Last updated: October 19, 2025 3 Min Read
IDFC First Financial institution Q2 outcomes: Standalone PAT shoots up by 75% YoY, NII up 7%
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IDFC Financial institution reported its second quarter outcomes for the monetary yr 2026, whereby the financial institution witnessed a 75.5% YoY surge in its standalone web revenue at Rs 352.31 crore, up from Rs 200.69 crore in Q2FY26. Additional, the financial institution’s web curiosity revenue (NII) rose by 6.8% YoY.

NII was reported at Rs 5,112.57 crore for the stated quarter, versus Rs 4,788 crore within the year-ago interval.

IDFC Financial institution’s web curiosity margin (NIM) fell by 59 bps on a year-on-year foundation to five.59%, down from 6.18% a yr in the past and 5.71% within the earlier quarter.

The financial institution’s gross NPA ratio declined by 6 foundation factors to 1.86%, whereas the online NPA elevated by 4 foundation factors to 0.52% on a year-on-year foundation.

Stay Occasions

Additional, IDFC Financial institution reported a 21.6% year-on-year enhance in complete buyer enterprise, which rose to Rs 5,35,673 crore as of September 30, 2025, in comparison with Rs 4,40,640 crore a yr in the past. Loans and advances grew by 19.7% YoY to Rs 2,66,579 crore from Rs 2,22,613 crore.

IDFC Financial institution’s buyer deposits rose 23.4% year-on-year to Rs 2,69,094 crore as of September 30, 2025, from Rs 2,18,026 crore a yr earlier.

In the meantime, CASA deposits grew 26.8% YoY to Rs 1,38,583 crore. The CASA ratio improved by 119 foundation factors to 50.07%, up from 48.88% in the identical quarter final yr. The financial institution’s price of funds declined by 23 foundation factors year-on-year to six.23%.

“The stress within the MFI enterprise was an MFI business problem and appears like it’s behind us. Aside from MFI, the asset high quality of the Financial institution has all the time been secure for over a decade by cycles and continues to be so with Gross NPA at 1.86% and Internet NPA at 0.52% as of thirtieth September 2025. On price of funds, we count on it to drop from right here on. The financial institution is witnessing enhancing working leverage. For example, in FY25, complete Enterprise, i.e. loans and buyer deposits, grew by 22.7% YoY, in opposition to enhance in Opex of 16.5% YoY. Following on, in H1 FY26, complete Enterprise grew by 21.6% YoY, in opposition to Opex enhance of 11.8% YoY. We hope to maintain this development,” stated V Vaidyanathan, MD and CEO of ISFC First Financial institution.

On Friday, the shares of IDFC First Financial institution closed flat at Rs 71.91 on the BSE.

(Disclaimer: Suggestions, solutions, views and opinions given by the consultants are their very own. These don’t signify the views of The Financial Occasions)

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