Important StoriesSEBI plans Demat 2.0, graded compliance for brokersHow brands are experimenting with micro-drama series to cut the clutterNSE Chief warns of AI cyber threats, flags quantum risk as Indian markets hit ₹460 lakh croreKotak Mahindra Bank, IDFC First PAT rise; Marginal dip in NIM on FCNR (B) inflowsIndia's Finance Ministry pushes broking industry to shed family-firm model, build structural trustFollow UsFOLLOW US ON WHATSAPPHomeGO BACK TO HOME THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. IDFC First Bank Q2 profit jumps nearly three-fold to ₹1,045 cr IDFC First Bank’s total income rises to ₹14,218 crore in Q2 FY27 from ₹11,828 crore in same period a year ago By PTI Updated - October 24, 2026 at 09:31 PM. | New Delhi, October 24 ×ShareWhatsAppXFacebookLinkedInMessengerRedditMailhttps://www.thehindubusinessline.com/money-and-banking/idfc-first-bank-q2-profit-jumps-nearly-three-fold-to-rs-1045-cr/article71620975.eceCopy IDFC First Bank’s interest income rose to ₹11,922 crore from ₹9,937 crore in the same quarter last year. | Photo Credit: DHIRAJ SINGH

IDFC First Bank on Saturday reported a close to three-fold jump in net profit to ₹1,045 crore for the second quarter ended September 30, 2026.

The lender had earned a net profit of ₹352 crore in the year-ago period.

Total income rose to ₹14,218 crore in the quarter under review from ₹11,828 crore in the same period a year ago, IDFC First Bank said in a regulatory filing.

Interest income rose to ₹11,922 crore from ₹9,937 crore in the same quarter last year.

Asset quality of the bank improved with gross non-performing assets (NPAs) declining to 1.32 per cent of gross advances at the end of the September quarter 2026, as against 1.86 per cent a year ago.

Net NPAs or bad loans also moderated to 0.4 per cent, as against 0.52 per cent in the year-ago period.

The Capital Adequacy Ratio of the bank increased to 14.67 per cent, from 14.11 per cent at the end of September 2025.

During Q2 FY27, the bank mobilised ₹34,390 crore (approximately $3.6 billion) of FCNR(B) deposits despite having no branch, subsidiary or representative office outside India.

This demonstrates the bank's digital capabilities and the trust it enjoys among customers, it said.

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