IDFC First Bank Ltd

Net profit of IDFC First Bank declined 59.61% to Rs 295.60 crore in the quarter ended March 2025 as against Rs 731.90 crore during the previous quarter ended March 2024. Total Operating Income rose 14.51% to Rs 9412.94 crore in the quarter ended March 2025 as against Rs 8220.48 crore during the previous quarter ended March 2024. For the full year,net profit declined 49.35% to Rs 1490.35 crore in the year ended March 2025 as against Rs 2942.35 crore during the previous year ended March 2024. Total Operating Income rose 20.37% to Rs 36501.64 crore in the year ended March 2025 as against Rs 30325.11 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Total Operating Income9412.948220.48 15 36501.6430325.11 20 OPM %31.3837.18 -33.1438.90 - PBDT344.32948.38 -64 1864.173857.16 -52 PBT344.32948.38 -64 1864.173857.16 -52 NP295.60731.90 -60 1490.352942.35 -49 Powered by Capital Market - Live

IDFC First Bank announced that the Board of Directors of the Company at its meeting held on 26 April 2025, has recommended a Final dividend of Rs.0.25 per share (i.e.2.5%), subject to the approval of the shareholders.Powered by Capital Market - Live

IDFC First Bank Ltd rose for a third straight session today. The stock is quoting at Rs 68.6, up 2.08% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.27% on the day, quoting at 24233. The Sensex is at 79818.04, up 0.28%. IDFC First Bank Ltd has added around 18.5% in last one month. Meanwhile, Nifty Bank index of which IDFC First Bank Ltd is a constituent, has added around 6.91% in last one month and is currently quoting at 55647.2, down 0.66% on the day. The volume in the stock stood at 460.61 lakh shares today, compared to the daily average of 641.76 lakh shares in last one month. The benchmark April futures contract for the stock is quoting at Rs 68.51, up 2.16% on the day. IDFC First Bank Ltd is down 17.7% in last one year as compared to a 8.17% gain in NIFTY and a 14.71% gain in the Nifty Bank index.The PE of the stock is 25.26 based on TTM earnings ending December 24.Powered by Capital Market - Live

'The Board of Directors of IDFC FIRST Bank, at its meeting held today, approved a preferential issue of equity capital (CCPS) amounting to approximately Rs 4,876 crore to Currant Sea Investments B.V., an affiliate company of global growth investor Warburg Pincus LLC and approximately Rs 2,624 crore to Platinum Invictus B 2025 RSC, a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) managed by its Private Equities Department. The proposed issues are subject to shareholder and regulatory approvals. ' V Vaidyanathan, Managing Director & CEO, IDFC FIRST Bank: 'From day one, we have always built our foundation of the Bank with a long-term vision of building a world class bank in India. We are building a culture of empathy for customers and strive to offer highest levels of customer service. We are technologically advanced and continue to stay cutting-edge. The Bank has firmly moved into profits and is now at a pivotal stage, where our income growth is expected to consistently exceed OPEX growth, leading to improved operating leverage. We expect many businesses which are in the investment stage to turn profitable with scale. It is great to have Warburg Pincus back and to welcome a wholly owned subsidiary of ADIA as our shareholder. We thank them both for believing in us and our future growth plans and for investing in us even under volatile global situations. We believe only by building a strong, respected franchise loved by customers and supported by strong unit economics, we will deliver sustainable long-term returns to our stakeholders.'Powered by Capital Market - Live

IDFC First Bank Ltd rose for a fifth straight session today. The stock is quoting at Rs 62.99, up 1.71% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.12% on the day, quoting at 23357.3. The Sensex is at 76769.63, up 0.05%. IDFC First Bank Ltd has added around 19.1% in last one month. Meanwhile, Nifty Bank index of which IDFC First Bank Ltd is a constituent, has added around 9.2% in last one month and is currently quoting at 52379.5, up 0.81% on the day. The volume in the stock stood at 225.54 lakh shares today, compared to the daily average of 523.72 lakh shares in last one month. The benchmark April futures contract for the stock is quoting at Rs 63.01, up 1.61% on the day. IDFC First Bank Ltd is down 23.74% in last one year as compared to a 6.19% gain in NIFTY and a 12.18% gain in the Nifty Bank index.The PE of the stock is 23.29 based on TTM earnings ending December 24.Powered by Capital Market - Live

IDFC First Bank will hold a meeting of the Board of Directors of the Company on 17 April 2025.Powered by Capital Market - Live

'Meeting of the board of directors is scheduled to be held on Thursday, April 17, 2025, inter-alia, to consider and if thought fit, to approve the proposal for raising of funds by way of issue of eligible securities on preferential basis,' the bank stated in regulatory filing. IDFC FIRST Bank offers products and services across all segments including retail, MSME, rural, startups, corporate banking, cash management, wealth management, retail deposits, government banking, working capital, trade finance, and treasury solutions. The scrip advanced 1.15% to end at Rs 59.88 on Friday, 11 April 2025. Powered by Capital Market - Live

IDFC First Bank has allotted 2,80,597 equity shares of face value of Rs 10/- each fully paid-up to the eligible employees, upon exercise of stock options vested with them under the 'IDFC FIRST Bank - ESOS'. These equity shares shall rank pari-passu with the existing equity shares of the Bank in all respects. Post allotment, the issued and paid-up equity share capital of the Bank stands increased from Rs 73,22,10,69,840/- comprising of 7,32,21,06,984 equity shares of Rs 10/- each fully paid-up to Rs 73,22,38,75,810/- comprising of 7,32,23,87,581 equity shares of Rs 10/- each fully paid-up. Powered by Capital Market - Live

The Nifty April 2025 futures closed at 23,325.90, a premium of 75.8 points compared with the Nifty's closing 23,250.10 in the cash market. In the cash market, the Nifty 50 jumped 82.25 points or 0.35% to 23,250.10. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, shed 0.89% to 13.60. IDFC First Bank, Bajaj Finance and Tata Motors were the top-trading individual stock futures contracts in the F&O segment of the NSE. The April 2025 F&O contracts will expire on 24 April 2025.Powered by Capital Market - Live

IDFC First Bank Ltd rose for a third straight session today. The stock is quoting at Rs 59.24, up 3.58% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.33% on the day, quoting at 23255.2. The Sensex is at 76318.26, down 0.39%. IDFC First Bank Ltd has gained around 4.24% in last one month. Meanwhile, Nifty Bank index of which IDFC First Bank Ltd is a constituent, has gained around 6.58% in last one month and is currently quoting at 51348.05, up 0.14% on the day. The volume in the stock stood at 1056.27 lakh shares today, compared to the daily average of 376.94 lakh shares in last one month. The benchmark April futures contract for the stock is quoting at Rs 59.82, up 3.91% on the day. IDFC First Bank Ltd is down 25.44% in last one year as compared to a 3.29% jump in NIFTY and a 6.99% jump in the Nifty Bank index.The PE of the stock is 21.52 based on TTM earnings ending December 24.Powered by Capital Market - Live