IDFC FIRST Bank Q4 FY26 Earnings Call Transcript

IDFC FIRST Bank reported Q4 FY26 results with a 20% YoY loan growth to Rs. 2.9 lakh crore and a 16.8% YoY deposit growth to Rs. 2.94 lakh crore.
Reported PAT was Rs. 319 crores, but normalized PAT, excluding a Rs. 480 crore post-tax fraud impact and other one-offs, was Rs. 746 crores, a 145% YoY increase.
Asset quality improved with Gross NPA at 1.61% and Net NPA at 0.48%; credit cost for the quarter was 1.63%, and the bank guided for 170-180 bps credit cost for FY27.
Management provided a strategic update, emphasizing a transition to low-yield, low-credit-cost products while retaining high-yield capabilities, and expressed confidence in deposit growth normalization post a Q4 fraud incident.