IDFC First Bank reported a sharp drop of 58 percent year -on -year (interannual) in the fourth quarter (Q4Fy25) independent net gains to ₹ 304 million rupees, and the progress was dragged by a jump in the provisions, even towards
Very low fiscal expenses, to some extent, acted as a counterweight to the aforementioned provisions, avoiding a greater impact on the bottom.
The private sector lender had registered a net gain of 724 million rupees in the quarter of a year ago (Q4Fy24). The Bank’s Board of Directors recommended a dividend or ₹ 0.25 (2.50 percent or nominal value) for capital participation of the nominal value of ₹ 10 each for fiscal year 2015.
The net income of interest (difference between interest earned and spent interest) increased approximately 10 percent year -on -year at RS 4,907 million rupees (₹ 4,469 million rupees in the quarter of the year ago).
Other income, which comprise non -fun base income, rates, currency gains and derived transactions, profits/ losses of the sale/ settlement of investments and derivatives, marked to market pro -inssections on investments/ pink Ertsidiary, dividend of the subsidiary of the subsidiary subsidiary subsidiary of subsidiariod de subsidiariod de subsidiariod de subsidiariod de subsidiariod de subsidiariod de subsidia. of subsidiary of subsidiary of subsidiary subsidiary of subsidiary subsidiary of subsidiary subsidiary. Crore (₹ 1,642 million rupees).
The net margin (NIM) decreased to 5.95% for Q4Fy25 compared to 6.04 percent in Q3 Fy24. The bank said that this fall is largely due to the decrease in the microfinance business
The provisions, including non -performed assets (NPA) in the microfinance book and inherited infrastructure accounts, fired 101 percent year -on -year to ₹ 1,450 million rupees (₹ 722 million rupees). Fiscal expenses were approximately 74 percent lower than ₹ 57 million rupees (₹ 217 million rupees).
Fresh landslides were a lower at ₹ 2,175 million rupees (₹ 2,192 in Q3Fy24), with different microfinance landslides that decrease to ₹ 1,603 million rupees (₹ 1,755 million rupees) and microfinance crore (₹ 432 crore).
Total deposits increased 25 percent year -on -year to stop at ₹ 2.42,543 million rupees at the end of March 2025, with 79 percent of retail deposits and wholesale deposits. The proportion of the low -cost checking account, the deposits of the savings account (house) decreased a bit to 46.9 percent of the total deposits at the end of March 2025 against 47.2 percent at the end of March 2024.
Gross loans and advances increased by 20.4 percent year -on -year to stop at ₹ 2,41,926 million rupees. Within this, commercial finance (MSME and corporate) registered the highest growth or 33.8 percent, followed by retail finances (18.7 percent) and rural financing (3.7 percent). Infrastructure loan portfolio leaving 17.1 percent. Within rural finances, the microfinance portfolio decreased 28.3 percent.
The credit deposit ratio (gross advances and credit substitutions) decreased to 96 percent as March 2025 against 100.2 percent at the end of March 2024.
Posted on April 26, 2025