IDFC First Bank Reports FY25 Financial Results

IDFC First Bank has unveiled its financial performance for the year ending March 31, 2025, showcasing a net profit of Rs 1,525 crore. Despite a 48.4% decline from the previous year's Rs 2,954 crore, the bank's strategic moves signal a robust path ahead.

Quarterly Performance Highlights

The fourth quarter (Q4 FY25) saw a net profit of Rs 304 crore, a decrease from Rs 724 crore in Q4 FY24. However, Net Interest Income (NII) for Q4 rose by 9.8% year-on-year to Rs 4,907 crore, indicating healthy operational growth.

Capital Raise and Future Growth

In a significant development, the bank's board approved a Rs 7,500 crore capital raise through compulsorily convertible preference shares to strategic investors, aiming to bolster the Capital Adequacy Ratio and support future expansion.

Leadership Insights

"Our customer deposits grew well at 25% YoY and the CASA ratio continues to remain strong at 46.9%, reflecting the strength of our deposit franchise," said Managing Director and CEO V. Vaidyanathan, highlighting the bank's solid foundation and optimistic outlook.