GMP IPO
📋 Filings Intelligence
About Contact
LIVE — Auto-updated every 10 mins · Equity segment
Company Filings, Explained Simply

AI-powered plain-English analysis of every important corporate announcement — financial results, order wins, dividends, mergers and more. Updated live.

—
Filed today
—
Companies tracked
NSE & BSE
Listed on
Sign in free to search by company
Filing Type
Market Cap
Sector
All Sectors

Latest Filings —

📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
IDFC First Bank Ltd

IDFC First Bank Q2 FY27 PAT up 196.5% YoY to ₹1,045 crore; GNPA at 1.32%

RESULTS ▲ Positive Development LOW RISK
📅 Filed on BSE: 24 Oct 2026, 05:11 PM IST  ·  BSE ID: 65d99288-06c9-4f68-994b-e8832fddb5b3
View Original BSE Filing (PDF)
💡
In Simple Terms
IDFC First Bank's profit significantly increased in the last quarter, with strong growth in customer deposits and loans.
🤖 AI Summary
  • IDFC First Bank reported Profit After Tax of ₹1,045 crore for Q2 FY27, marking a 196.5% YoY increase.
  • Total deposits grew 25.9% YoY and 11.8% QoQ, reaching ₹3,48,583 crore as of September 30, 2026.
  • Loans and advances, including credit substitutes, increased 30.1% YoY to ₹3,46,913 crore.
  • Gross Non-Performing Assets (GNPA) stood at 1.32%, with Net NPA at 0.40% for Q2 FY27.
  • The Bank mobilized ₹34,390 crore (approximately US$3.6 billion) in FCNR(B) deposits during Q2 FY27.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Profit After Tax (Q2 FY27)
₹1,045 crore
196.5%
Profit After Tax (H1 FY27)
₹2,120 crore
Total Deposits (as of Sep 30, 2026)
₹3,48,583 crore
25.9%
Loans and Advances (as of Sep 30, 2026)
₹3,46,913 crore
30.1%
Gross NPA
1.32%
Net NPA
0.40%
FCNR(B) Deposits Mobilized (Q2 FY27)
₹34,390 crore
Core Operating Profit (excl. trading gains, Q2 FY27)
₹2,527 crore
38.5%
🏢 How This Affects the Company
📈
Business Impact
The bank's deposit base expanded with a 25.9% YoY growth in total deposits to ₹3,48,583 crore, strengthening its funding profile. Loan growth of 30.1% YoY to ₹3,46,913 crore indicates expansion of its lending operations.
💰
Financial Impact
Profit After Tax rose 196.5% YoY to ₹1,045 crore for Q2 FY27, improving the Return on Assets to 0.93%. The mobilization of ₹34,390 crore FCNR(B) deposits is expected to benefit Net Interest Income, PAT, EPS, and RoE.
⚙️
Operational Impact
Opex growth remained lower than income growth by approximately 500 bps YoY for consecutive quarters, indicating improved operating leverage. The core cost-to-income ratio improved to 70.16% in Q2 FY27 from 70.73% in Q1 FY27.
⚠️
Risk Impact
Asset quality remained stable with GNPA at 1.32% and Net NPA at 0.40%, indicating contained credit risk. The debut investment-grade long-term rating of 'BBB-' from S&P Global Ratings may reduce funding costs and improve market perception.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
Shareholders are affected by the company's financial performance, with Q2 FY27 Profit After Tax at ₹1,045 crore, up 196.5% YoY, and H1 FY27 Profit After Tax at ₹2,120 crore.
🔍
Management Signal
The management's commentary highlights a focus on sustainable growth, operating leverage, and improving asset quality, aiming for a consistent ROE of 16%+.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Q3 FY27 financial results — check for continued profit growth and asset quality.
Updates on FCNR(B) deposit impact on Net Interest Margin.
Further commentary on cost-to-income ratio trends and operating leverage.
LOW RISK The bank demonstrates strong financial performance, stable asset quality, and an investment-grade international rating.
💡 Investor Takeaway
IDFC First Bank reported Q2 FY27 Profit After Tax of ₹1,045 crore, up 196.5% YoY. Total deposits grew 25.9% YoY to ₹3,48,583 crore. Gross NPA stood at 1.32%, with Net NPA at 0.40%.
⚖️ Strengths & Concerns

✅ Positives

  • Profit After Tax for Q2 FY27 increased by 196.5% YoY to ₹1,045 crore, crossing ₹1,000 crore for the second consecutive quarter.
  • Total deposits grew 25.9% YoY to ₹3,48,583 crore, and Gross NPA reduced to 1.32%, indicating improved asset quality.

⚠️ Concerns

  • The average CASA ratio saw a slight decline to 48.4% in Q2 FY27 from 50.1%, primarily due to FCNR(B) deposit mobilization.
  • FCNR(B) mobilization, while beneficial, is optically NIM-dilutive as the balance sheet expanded by ₹24,885 crore from FCNR(B) backed loans.
📅 Company Track Record
IDFC First Bank reported Q1 FY27 PAT growth of 132.4% YoY to ₹1,075 crore, with Gross NPA falling to 1.51%. The current Q2 FY27 results show continued strong PAT growth (196.5% YoY) and further reduction in Gross NPA to 1.32%, indicating sustained improvement.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was IDFC First Bank's net profit for Q2 FY27?
IDFC First Bank reported a Profit After Tax of ₹1,045 crore for Q2 FY27, which represents a 196.5% increase year-on-year.
What were the total deposits for IDFC First Bank as of September 30, 2026?
As of September 30, 2026, IDFC First Bank's total deposits reached ₹3,48,583 crore, showing a 25.9% growth year-on-year.
What is the Gross NPA and Net NPA for IDFC First Bank in Q2 FY27?
For Q2 FY27, IDFC First Bank's Gross NPA stood at 1.32%, and the Net NPA was reported at 0.40%.
How much FCNR(B) deposits did IDFC First Bank mobilize in Q2 FY27?
IDFC First Bank mobilized ₹34,390 crore (approximately US$3.6 billion) in FCNR(B) deposits during Q2 FY27.
What was IDFC First Bank's core operating profit in Q2 FY27?
The core operating profit, excluding trading gains, for IDFC First Bank in Q2 FY27 grew 38.5% YoY to ₹2,527 crore.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
🔍
Sign in to use filters
Sign in free with Google to filter filings by category, market cap and sector — takes 5 seconds.