IDFC First Bank Q1 profit more than doubles to ₹1,075 crore
IDFC First Bank reported a net profit of ₹1,075 crore for Q1 FY27, more than doubling from a year earlier, helped by strong business growth, improved asset quality and tighter cost management. Its net interest margin rose to 5.96% from 5.71% a year ago, a 25 basis-point gain. The lender said asset quality held up across retail, rural and SME books.