JKB Financial Services Ltd.

As on : 28-Aug-2026

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28-Aug-2026 00:59

IDFC First Bank projects Total Assets to reach Rs 3,986 billion by March 2026

IDFC First Bank Ltd announced forward-looking projections indicating Total Assets of Rs 2,950 billion for March 31, 2024, rising to Rs 3,429 billion by March 31, 2025, and reaching Rs 3,986 billion by March 31, 2026, alongside Profit After Tax of Rs 29.4 billion for FY24, decreasing to Rs 14.9 billion in FY25, and recovering to Rs 16.1 billion in FY26, with Capital Adequacy Ratio (CAR) expected to be 16.1%, 15.5%, and 15.6% respectively, Gross Non-Performing Assets (GNPA) at 1.9%, 1.9%, and 1.6%, Net Non-Performing Assets (NNPA) at 0.6%, 0.5%, and 0.5%, and Return on Assets (RoA) at 1.1%, 0.5%, and 0.4% – these projections were released without any associated rating agency enhancements, assignments, or withdrawals from agencies like CRISIL, ICRA, CARE Ratings, or India Ratings & Research, and pertain to Total Assets, Profit After Tax, CAR, GNPA, NNPA, and RoA instruments.

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