IDFC First Bank has reported a 32% YoY decline in its profit after tax (PAT) at Rs 463 crore in the first quarter of the financial year 2026, while the net interest income (NII) witnessed a growth of 5.1% YoY to Rs 4,933 crore in the same period. The NII is comparable to Rs 4,695…
UBS has initiated coverage on IDFC First Bank with a “neutral” rating and a target price of Rs 85, implying a potential upside of nearly 12% from current levels. The brokerage flagged structural profitability challenges, driven by elevated credit costs and operating expenses, that may cap returns despite sectoral tailwinds and growth in core operations….
IDFC First Bank on Saturday reported a 58% year-on-year fall in its March quarter standalone net profit at Rs 304 crore versus Rs 724 crore in the year ago period. The hit in profit after tax (PAT) was on account of a fall in the microfinance loan portfolio. The Net Interest Income (NII) grew 9.8%…
NEW DELHI: Vodafone Idea(numbers of share traded: 31.95 crore), YES Bank(numbers of share traded: 23.41 crore), IDFC First Bank(numbers of share traded: 10.17 crore), Suzlon Energy(numbers of share traded: 6.63 crore), Bank of India(numbers of share traded: 6.28 crore), Zomato(numbers of share traded: 5.52 crore), Canara Bank(numbers of share traded: 4.48 crore), Karda Const(numbers of…