IDFC FIRST Bank Q2 FY27: loan assets up 30% YoY to Rs. 3,46,913 Cr, PAT Rs. 1,045 Cr up 196.5% YoY
Q2 FY27 PAT Rs. 1,045 Cr up 196.5% YoY; NII up 21.0%; loans up 30% YoY; GNPA 1.32%, NNPA 0.40%.
By ScoutQuest · · 1 min read
- PAT
- Rs. 1,045 Cr up 196.5% YoY; down 2.8% QoQ
- Net Interest Income
- Rs. 6,184 Cr, up 21.0% YoY
- Asset Quality
- GNPA 1.32%, NNPA 0.40%
- Period
- Q2 FY27 (Sep-26)
- Positioning
- IDFC FIRST Bank describes itself as a retail-led bank with a Rs. 3,46,913 Cr loan book, 61% retail finance, and a RAM book grown consistently for 15 years.
📉 Q2 FY27 profit after tax was Rs. 1,045 Cr, up 196.5% YoY but down 2.8% QoQ; net interest income rose 21.0% YoY to Rs. 6,184 Cr and core operating profit 38.5% to Rs. 2,527 Cr. Provisions fell 21.7% YoY to Rs. 1,137 Cr.
📌 Loan assets grew 30% YoY to Rs. 3,46,913 Cr, helped by Rs. 24,885 crore of FCNR(B)-backed loans to NRIs; excluding these, growth was 20.8% YoY. Deposits rose 26% to Rs. 3,48,583 Cr, with average CASA ratio 48.4%. GNPA improved to 1.32% and NNPA to 0.40%.
💰 The company says it mobilised about US$ 3.6 bn of FCNR(B) deposits, debuted with a US$ 950 Mn bond and BBB- global ratings, and calibrated deposit growth, cutting bulk term deposits to 13.9% of deposits. Management states FCNR is accretive to NII, PAT, RoE and EPS but optically dilutive to margins.
📌 Management states its specialization in cash flow evaluation and digital capabilities plus market opportunity provides a long runway for RAM growth over the next decade; it also continues to hold a Rs. 515 crore contingency provision.
Also from IDFC First Bank
IDFC FIRST Bank Q2 FY27: PAT up 196.5% YoY to ₹1,045 crore; S&P assigns debut investment-grade BBB- rating
24 Oct 2026
Board approves September quarter results; auditors issue unmodified limited review conclusion
24 Oct 2026
Committee approves grant of 98 lakh stock options to new joiners and eligible employees
21 Oct 2026
More numbers
- Profit After Tax, Q2 FY27Rs. 1,045 Cr
- PAT growth YoY, Q2 FY27196.5%
- Net Interest Income, Q2 FY27Rs. 6,184 Cr
- Core Operating Profit, Q2 FY27Rs. 2,527 Cr
- Total Loan Assets, Sep-26Rs. 3,46,913 Cr
- Total Deposits, Sep-26Rs. 3,48,583 Cr
- GNPA ratio, Sep-261.32%
- NNPA ratio, Sep-260.40%
- Average CASA ratio, Q2 FY2748.4%
- FCNR(B) deposits, Sep-26Rs. 34,390 Cr
- RAM book, Sep-26Rs. 2,76,601 crore
- Shareholders' Funds, Sep-2649,445 (In Rs. Crore)
- Contingency provision heldRs. 515 crore
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