IDFC First Bank Q4 Results: IDFC First Bank said on Saturday that its standalone net profit in the March quarter fell 58 percent year-on-year to Rs 304 crore.

New Delhi: Even though the stock market is closed on Saturday, quarterly results of companies are being seen due to the earning season. Meanwhile, on Saturday, IDFC First Bank released its March quarter result for the financial year 2025. IDFC First Bank said that its standalone net profit in the March quarter fell 58 percent year-on-year to Rs 304 crore. Which was reported at the level of Rs 724 crore in the March quarter of financial year 2024, 1 year ago.

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Declining net interest income too

IDFC First Bank said that its net interest income has also increased by 9.8 percent on an annual basis to Rs 4907 crore in the March quarter. Which was reported at the level of Rs 4469 crore in the March quarter of FY24 a year ago.

Activity will increase in IDFC First Bank shares on Monday

Overall, the result of the March quarter of IDFC First Bank has been disappointing, that is, in the coming trading session on Monday, the activity of investors in the shares of IDFC First Bank may increase.

Deposits and retail deposits

IDFC First Bank's customer deposit has increased by 25 percent on an annual basis to Rs 242543 crore in the March quarter. The bank's retail deposits grew 26% year-on-year to Rs 191268 crore in the March quarter.

CASA and CASA Deposit

IDFC First Bank's CASA grew 24% year-on-year to Rs 118237 crore in the March quarter. The bank's CASA deposit grew 46.9% in the March quarter.

Advances and Loans

IDFC First Bank said that its loans and advances grew 20% year-on-year to Rs 241926 crore in the March quarter. The bank's retail roller and MSME book grew 18.6% year-on-year to Rs 197568 crore in the March quarter.

Asset quality of the bank

If we look at the asset quality of IDFC First Bank during the March quarter, the gross NPA of the bank has increased by 7 basis points on a quarter-on-quarter basis to 1.87 percent. The net NPA of the bank has increased by 1 bps point on a quarter-on-quarter basis to 0.53 percent.

IDFC First Bank share performance

Talking about the share performance of IDFC First Bank, this stock has given a negative return of 20 percent in the last 1 year, however, it has given a positive return of 6 percent in the last 3 months and a positive return of 15 percent in the last 1 month.

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