IDFC First Bank Q4 Results Highlights: Net profits down 58% YoY to ₹304 crore, board proposes ₹0.25/share dividend

IDFC First Bank Q4 Results Live: IDFC First Bank shares closed 2.19% lower at ₹66.15 after Friday's stock market session, compared to ₹67.63 at the previous stock market close, before the Q4 results were announced on Saturday, April 26. 

IDFC First Bank Q4 Results Live: IDFC First Bank's net NPAs dropped seven basis points to 0.53% in the January to March quarter of the 2024-25 fiscal, compared to 0.60% in the same period a year ago. 

IDFC First Bank Q4 Results Live: IDFC First Bank's Gross NPAs dropped one basis point to 1.87% in the fourth quarter of FY2024-25, compared to 1.88% in the same period a year ago. 

Non-Performing Assets or NPAs are popularly known as bad debt or bad loans, which a bank must reserve through its provisioning measures. 

IDFC First Bank Q4 Results Live: IDFC First Bank's total expenses rose 15.85% to ₹9,496.74 crore in the January to March quarter of the financial year 2024-25, compared year-on-year (YoY) with ₹8,197.30 crore in the same period a year ago. 

IDFC First Bank Q4 Results Live: IDFC First Bank's CEO, V Vaidyanathan, assured the investors that the bank's asset quality remains ‘resilient’ and the asset book increased 20.4%, according to the official statement. 

“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. Our funded asset book grew by 20.4%. Importantly, the Bank's asset quality remains resilient, with GNPA and NNPA at 1.87% and 0.53% respectively,” said V Vaidyanathan, the managing director and CEO of IDFC First Bank. 

IDFC First Bank Q4 Results Live: IDFC First Bank's provisions for bad loans witnessed a 100.8 per cent jump to ₹1,440.47 crore in the fourth quarter of the 2024-25 fiscal, compared to ₹722.31 crore in the same quarter a year ago. 

Provisions for bad loans are key reserves that the bank maintains to cater for the increasing non-performing assets (NPAs) from its lending operations. Banks generally reduce or increase their allocations to provisions when they estimate a reduction or increase in bad loans for the upcoming quarter.

IDFC First Bank Q4 Results Live: IDFC First Bank's net interest income rose nearly 14 per cent to ₹7,971.20 crore in the January to March quarter of the financial year ended 2024-25, compared to ₹6,999.46 crore in the same period a year ago. 

IDFC First Bank Q4 Results Live: IDFC First Bank's board of directors on Saturday, April 26, proposed that the bank is set to issue a dividend of ₹0.25 per share, subject to the approval at the company's upcoming Annual General Meeting. 

This means every eligible shareholder will receive a dividend of ₹0.25 per share for every share they own of the institutional lender. 

“The Board of Directors at its meeting held on April 26, 2025, proposed a dividend of~ ₹0.25 per share, subject to approval of the members at the ensuing Annual General Meeting. Effect of the proposed dividend has been reckoned in determining capital funds in the computation of capital adequacy ratio as at March 31, 2025,” said the bank in the exchange filing. 

IDFC First Bank Q4 Results Live: IDFC First Bank's net profit dropped 58 per cent to ₹304 crore in the fourth quarter of the financial year 2024-25, compared to ₹724 crore in the same period a year ago. 

IDFC First Bank Q4 Results Live: The institutional lender, IDFC First Bank's board of directors, will consider a dividend issue for the 2024-25 fiscal year in the fourth quarter results. 

“We wish to inform you that the Board at the said meeting will, inter-alia, also discuss and consider the recommendation of dividend, if any, for the Financial Year 2024-25,” said the company in the exchange filing. 

The results are yet to be declared on Saturday, April 26. 

IDFC First Bank Q4 Results Live: IDFC First Bank shares have given stock market investors more than 197% returns in the last five years. However, the shares have lost 22.18% in the last one-year period. 

On a year-to-date (YTD) basis, the company's stock has gained 2.8%, and 15.77% in the last one-month period. 

IDFC First Bank is yet to declare its January to March quarter results on Saturday, April 26. 

IDFC First Bank Q4 Results Live: IDFC First Bank shares closed 2.19% lower at ₹66.15 after Friday's stock market session, compared to ₹67.63 at the previous stock market close. 

IDFC First Bank Q4 Results Live: IDFC First Bank reported a sharp drop of 53% in standalone net profit to ₹339.4 crore in the third quarter of FY25, dragged by increased provisions due to higher loan slippages, compared to ₹715.7 crore in the corresponding period last fiscal year. The bank’s net interest income (NII) in Q3FY25 increased 14.4% to ₹4,902 crore from ₹4,286.6 crore in the year-ago period. The total income rose to ₹11,123 crore from ₹9,396, YoY. The net interest margin experienced a compression of 14 bps on a QoQ basis, attributed to the microfinance sector and a rising proportion of the Wholesale Banking business.

IDFC First Bank Q4 Results Live: IDFC First Bank share price has rallied over 15% in one month, while the banking stock is up just 3% on a year-to-date (YTD) basis. In the past one year, IDFC First Bank shares have fallen 21%. However, the stock has gained 12.7% in two years and delivered exceptional multibagger returns of 197% in five years.

IDFC First Bank Q4 Results Live: IDFC First Bank’s advances and deposit growth momentum is likely to remain healthy during the final quarter of FY25. The bank’s deposits as of 31 March 2025 are likely to grow 24.7% to ₹2,50,100 crore from ₹2,00,600 crore at the end of March 2024, according to MOFSL.

Loans and advances in Q4FY25 are expected to rise 20.4% to ₹2,34,300 crore from ₹1,94,600 crore, YoY.

IDFC First Bank Q4 Results Live: a slight deterioration is expected to be seen in IDFC First Bank’s asset quality during the quarter ended March 2025. IDFC First Bank’s Gross Non-Performing Assets (GNPA) as a percentage of gross advances during the March quarter is expected to rise to 2% from 1.9% in the December quarter, according to estimates by Motilal Oswal Financial Services (MOFSL). Net NPA ratio in Q4FY25 is also expected to rise to 0.6% from 0.5% QoQ.

IDFC First Bank Q4 Results Live: IDFC First Bank’s provisions in Q4FY25 are likely to see a sharp increase on a year-on-year (YoY) basis, according to Axis Securities. Provisions are expected to be at ₹1,359 crore, up 1.6% QoQ, and up 88.2% YoY.

IDFC First Bank Q4 Results Live: IDFC First Bank’ net interest income (NII) is expected to grow on a YoY basis along with an estimated rise in non-interest income during the January - March 2025 quarter. NII in Q4FY25 is estimated at ₹5,039 crore, registering a growth of 12.8% from ₹4,469 crore, YoY. NII is likely to rise by 2.8% from ₹4,902 crore, sequentially.

Non-Interest Income in Q4FY25 is estimated to rise 15.7% to ₹1,899 crore from ₹1,642 crore, and up 6.7% from ₹1,780 crore, QoQ.

IDFC First Bank Q4 Results Live: IDFC First Bank’s Pre-provisioning Operating Profit (PPOP) during the March quarter is expected to rise supported by non-interest income. The bank’s PPOP is likely to grow 12.2% to ₹1,867 crore from ₹1,664 crore, YoY, as per estimates by Axis Securities. On a sequential basis, NII is estimated to grow 6.2% from ₹1,759 crore in the December quarter.

IDFC First Bank Q4 Results Live: IDFC First Bank is expected to see a sharp fall in net profit for the quarter ended March 2025. According to Axis Securities’ estimates, the bank’s net profit in Q4FY25 may fall 46.2% to ₹389 crore from ₹724 crore in the year-ago period. The drop in  net profit is likely on the back of rising provisions and asset quality challenges.

IDFC First Bank Q4 Results Live: IDFC First Bank Q4 results are expected to be mixed, with a sharp year-on-year (YoY) drop in net profit and a growth in net interest income (NII), with margin likely to be under pressure. Analysts expect IDFC First Bank’s business growth to be healthy, but see a slight deterioration in asset quality ratios.

IDFC First Bank Q4 Results Live: IDFC First Bank’s board will also consider the recommendation of dividend in its meeting along with the Q4 results today, 26 April.

“...the meeting of the Board of Directors (‘Board’) of the Bank, scheduled to be held on Saturday, April 26, 2025, to consider and approve the Audited Standalone and Consolidated Financial Results of the Bank for the quarter and Financial Year ended March 31, 2025, we wish to inform you that the Board at the said meeting will, inter-alia, also discuss and consider the recommendation of dividend, if any, for the Financial Year 2024-25,” IDFC First Bank said in a regulatory filing.

IDFC First Bank Q4 Results Live: IDFC First Bank will announce its Q4 results today, 26 April. The board of directors of the private sector lender IDFC First Bank will consider and approve the financial results for the fourth quarter of FY25 as well as for the full financial year 2024-2025.