IDFC FIRST Bank Posts Nearly 60 Per Cent Net Profit Loss At Rs 295.6 Crore in This fall FY25

Mumbai: Private lender IDFC FIRST Bank on Saturday posted a consolidated web benefit of Rs 295.6 crore for the fourth quarter (This fall) of FY25, just about 60 in step with cent decline in comparison to Rs 731.9 crore reported in the similar length in FY24. For the whole monetary 12 months FY25, web benefit stood at Rs 1,490 crore, down virtually 50 in step with cent from Rs 2,942 crore (year-on-year), as in step with its inventory trade submitting.

Net Interest Income (NII) grew 9.8 in step with cent YOY from Rs. 4,469 crore in This fall FY24 to Rs. 4,907 crore in This fall FY25. For FY25, the expansion of NII used to be 17.3 in step with cent on YoY foundation. According to the financial institution, core working source of revenue grew 8.7 in step with cent from Rs 6,079 crore in This fall FY24 to Rs. 6,609 crore in This fall FY25. For FY25, the expansion of working source of revenue used to be 16.7 in step with cent on YoY foundation. Customer deposits higher 25.2 in step with cent from Rs 1,93,753 crore as of March 31, 2024 to Rs 2,42,543 crore as of March 31, 2025.

Retail deposits grew by means of 26.4 in step with cent from Rs. 1,51,343 crore as of March 31, 2024 to Rs. 1,91,268 crore as of March 31, 2025. The financial institution mentioned that CASA deposits grew by means of 24.8 in step with cent from Rs. 94,768 crore to Rs. 1,18,237 crore in the similar length.

Gross NPA of the financial institution progressed by means of 7 bps QoQ from 1.94 in step with cent as of December 31, 2024 to 1.87 in step with cent as of March 31, 2025. Net NPA of the Bank marginally higher by means of 1 bps QoQ from 0.52 in step with cent as of December 31, 2024 to 0.53 in step with cent as of March 31, 2025.

According to its submitting, loans and advances higher by means of 20.4 in step with cent from Rs 2,00,965 crore to Rs 2,41,926 crore. The gross slippage for This fall FY25 used to be Rs.2,175 crore as in comparison to Rs 2,192 crores in Q3 FY25, diminished by means of Rs 17 crore.