IDFC FIRST Bank reports strong Q2 2025 financial performance

IDFC FIRST Bank Limited reported a standalone net profit of INR 35,231 lakhs for the quarter ended September 30, 2025, and INR 81,488 lakhs for the half year ended September 30, 2025. Consolidated net profit for the same periods was INR 34,780 lakhs and INR 80,127 lakhs, respectively. The board of directors approved these unaudited standalone and consolidated financial results on October 18, 2025.

The bank's total standalone income for the half year ended September 30, 2025, reached INR 23,69,731 lakhs, with an annualised return on assets of 0.45%. Standalone gross NPAs to gross advances stood at 1.86%, and net NPAs to net advances were 0.52%. Consolidated total income for the half year was INR 23,69,743 lakhs.

Key capital changes include the issuance of 49,36,105 and 1,71,54,977 equity shares during the quarter and half year, respectively, from employee stock options. Additionally, the board approved a preferential issue of Compulsorily Convertible Cumulative Preference Shares (CCPS) aggregating to INR 4,876.17 crore to Currant Sea Investments B.V. and INR 2,623.11 crore to Platinum Invictus, which were subsequently converted into 81,26,94,722 equity shares for Currant Sea.