Explore
Active Stocks
Thu Feb 13 2025 15:56:24
  1. Tata Steel share price
  2. 136.20 2.99%
  1. Tata Motors share price
  2. 683.65 -0.11%
  1. Wipro share price
  2. 308.50 -0.55%
  1. State Bank Of India share price
  2. 727.30 -0.81%
  1. NTPC share price
  2. 306.95 0.23%
Business News/ Markets / Stock Markets/  IDFC First Bank Q3 Results 2025 Highlights: Net profit falls 53% to ₹339 crore, NII rises 14%
BackBack

IDFC First Bank Q3 Results 2025 Highlights: Net profit falls 53% to ₹339 crore, NII rises 14%

4 min read . Updated: 25 Jan 2025, 06:41 PM IST
Vaamanaa Sethi

IDFC First Bank Q3 Results 2025 Highlights: Private lender IDFC First Bank released its quarterly results for the period ending December 2024. The bank reported a 15% year-on-year decline in net profit, while its net interest income (NII) grew by 14% year-on-year to ₹4,902 crore. 

IDFC First Bank Q3 Results 2025: Net profit likely to fall 30% YoY, NIM likely to grow 17% Premium
IDFC First Bank Q3 Results 2025: Net profit likely to fall 30% YoY, NIM likely to grow 17%

IDFC First Bank Q3 Results 2025 Highlights: Private lender IDFC First Bank released its quarterly results on Saturday, January 25, for the period ending December 2024. The bank reported a 15% year-on-year decline in net profit, while its net interest income (NII) grew by 14% year-on-year to ₹4,902 crore. For Q3 FY25, the bank's profit after tax (PAT) stood at ₹339 crore, compared to ₹716 crore in the same quarter of the previous year.

25 Jan 2025, 06:41:45 PM IST

IDFC First Bank Q3 Results 2025 Live Update: Operating income grows 15%

IDFC First Bank Q3 Results 2025 Live Update: Operating income grew 15% from Rs. 5,803 crore in Q3 FY24 to Rs. 6,682 crore in Q3 FY25. For the 9MFY25, the growth of Operating Income was 19.4% on YoY basis.

25 Jan 2025, 05:32:10 PM IST

IDFC First Bank Q3 Results 2025 Live Update: MD and CEO Vaidyanathan further said,

IDFC First Bank Q3 Results 2025 Live Update: “We are specifically tracking Micro-finance loan book closely considering the industry situation. The asset quality of the overall Bank’s loan book is stable with Gross NPA at 1.94% and Net NPA at 0.52%. Excluding the micro-finance loan book, the GNPA and NNPA of the book of the bank is even lower 1.81% and 0.49%. The credit issues in Microfinance segment as a transitionary issue which is likely to be resolved within a few quarters. The Bank built this business because it was important from priority sector lending norms point of view, particularly meeting PSL norms for Weaker Sections and Small and marginal farmers PSL categories."

25 Jan 2025, 05:17:32 PM IST

IDFC First Bank Q3 Results 2025 Live Update: Reason behind fall in PAT

IDFC First Bank Q3 Results 2025 Live Update: The private lender said in a release that the profit was largely impacted by reduced income from slowing down disbursal of micro-finance loans, increase in provisions on micro-finance and normalization of credit costs of non-microfinance business.

25 Jan 2025, 05:00:26 PM IST

IDFC First Bank Q3 Results 2025 Live Update: Capital Position

IDFC First Bank Q3 Results 2025 Live Update: The private lender successfully completed merger with IDFC Ltd in October 2024 through which ₹618 crore of capital have been added to the net-worth whereas, the outstanding share count has reduced by 16.64 crore shares. Including profits for 9M-FY25 and post the impact of merger as mentioned above, total CRAR as on December 31, 2024 would have been 16.11% with CET-1 ratio of 13.68%.

25 Jan 2025, 04:52:07 PM IST

IDFC First Bank Q3 Results 2025 Live Update: Gross NPA ratio stood at 1.94%

IDFC First Bank Q3 Results 2025 Live Update: In terms of asset quality, IDFC First Bank reported a gross NPA ratio of 1.94% as of December 31, 2024, improving from 2.04% a year earlier. The net NPA ratio for the third quarter declined to 0.52%, compared to 0.68% in Q3 FY24.

25 Jan 2025, 04:45:07 PM IST

IDFC First Bank Q3 Results 2025 Live Update: V Vaidyanathan, Managing Director and CEO, IDFC FIRST Bank, said

IDFC First Bank Q3 Results 2025 Live Update: “Our bank continues to grow well on loans and deposits. Our customer deposits is growing strongly at 29% YoY to reach Rs. 2,27,316 crores, with the CASA ratio sustaining at 48%. The loans & advances grew steadily by 22% YoY to reach Rs. 2,31,074 Crores."

25 Jan 2025, 04:39:42 PM IST

IDFC First Bank Q3 Results 2025 Live Update: NIM at 6.04%

IDFC First Bank Q3 Results 2025 Live Update: Net Interest Margin (NIM)  was at 6.04 per cent for Q3-FY25 as compared to 6.18 per cent in Q2-FY25. NIM declined during the quarter largely due to decline in the micro-finance business and increase in composition of Wholesale Banking business.

25 Jan 2025, 04:28:04 PM IST

IDFC First Bank Q3 Results 2025 Live Update: NII grows 14% to ₹4,902 crore

IDFC First Bank Q3 Results 2025 Live Update: Net Interest Income (NII) grew 14% YOY from ₹4,287 crore in Q3 FY24 to ₹4,902 crore in Q3 FY25. For the 9M-FY25, the growth of NII was 20.1% on YoY basis.

25 Jan 2025, 04:18:23 PM IST

IDFC First Bank Q3 Results 2025 Live Update: Net profit declines by 53% to ₹339 crore

IDFC First Bank Q3 Results 2025 Live Update: IDFC First Bank reported 53 per cent year-on-year (YoY) decline in its net profit to ₹339 crore for the quarter ending on December 31, 2024.

25 Jan 2025, 03:18:52 PM IST

IDFC First Bank Q3 Results 2025 Live Update: Cost-to-income to remain elevated

IDFC First Bank Q3 Results 2025 Live Update: Brokerage firm Motilal Oswal further anticipated that the cost-to-income (C-I) ratio is expected to stay high, potentially limiting growth in pre-provision operating profit (PPOP). Credit costs are likely to remain elevated due to pressure in the MFI segment, and asset quality is predicted to experience a slight decline.

25 Jan 2025, 02:05:47 PM IST

IDFC First Bank Q3 Results 2025 Live Update: Axis Bank projections

IDFC First Bank Q3 Results 2025 Live Update: Axis Securities noted that IDFC First Bank's growth in advances and deposits remains strong, although it has slowed on a quarter-on-quarter basis. The growth in Net Interest Income (NII) is expected to remain strong, with margins anticipated to either stay stable or show slight improvement.

25 Jan 2025, 01:23:46 PM IST

IDFC First Bank Q3 Results 2025 Live Update: Centrum Broking projections

IDFC First Bank Q3 Results 2025 Live Update: Centrum Broking anticipates a 17% year-on-year (YoY) and 5% quarter-on-quarter (QoQ) growth in net interest income (NII), reaching ₹5,001 crore. Operating profit is expected to rise by 29% YoY and 3% QoQ to ₹2,038 crore. Net profit is projected to increase by 160% QoQ but decline by 25% YoY to ₹551 crore. The brokerage has assigned a 'Reduce' rating to the stock with a target price of ₹58 per share.

25 Jan 2025, 12:50:38 PM IST

IDFC First Bank Q3 Results 2025 Live Update: IDFC First Bank share price closed in red

IDFC First Bank Q3 Results 2025 Live Update: IDFC First Bank stock ended Friday's trading session 1.49 per cent lower at ₹62.17.

25 Jan 2025, 12:09:19 PM IST

IDFC First Bank Q3 Results 2025 Live Update: Private lender to announce Q3 results today

IDFC First Bank Q3 Results 2025 Live Update: Private lender IDFC First Bank will be announcing its December quarter results on Saturday, January 25.

Recommended For You
GENIE RECOMMENDS

Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!

Let’s get started

Wait for it…

Log in to our website to save your bookmarks. It'll just take a moment.

Yes, Continue

You are just one step away from creating your watchlist!

Login Now

Wait for it…

Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.

Your session has expired, please login again.

Yes, Continue