IDFC First stock gets a results date as Q1 profit jumps 132.40 percent

Published on 09/30/2026 at 16:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IDFC First stock has a results checkpoint on October 24, 2026. June-quarter deposits reached INR 299,405 crore as gross NPA improved to 1.51 percent.

IDFC First, INE092T01019, Illustration mit AI erstellt.

IDFC First stock has a defined earnings checkpoint after the bank reported a 132.40 percent year-over-year rise in standalone profit to INR 1,074.96 crore for Q1FY27. The board will review the quarter and half-year results for the period ended September 30, 2026, on October 24, 2026.

October 24 results date

According to PSU Connect on September 29, 2026, IDFC First Bank will consider unaudited standalone and consolidated results on October 24, 2026. The trading window is scheduled to remain closed from October 1 through October 26, 2026, creating a clearly defined reporting calendar for the next phase of the stock story.

For Q1FY27, total standalone income reached INR 13,360.52 crore, up 12.60 percent from INR 11,868.97 crore a year earlier. Operating profit rose 14.00 percent year over year to INR 2,552.57 crore, giving the earnings improvement a broader base than net profit alone, according to ICICI Direct in its Q1FY27 results analysis.

Asset quality improves

The operating picture also strengthened in June 2026. Customer deposits increased 16.60 percent year over year to INR 299,405 crore, while loans and advances grew 20.60 percent to INR 305,370 crore. The bank's gross NPA ratio declined to 1.51 percent from 1.97 percent a year earlier, and net NPA fell to 0.44 percent from 0.55 percent, figures reported by ICICI Direct.

The upcoming report will test whether that combination of deposit growth, loan expansion and lower bad-loan ratios continued through the September quarter. The prior quarter also showed a 5.96 percent net interest margin and a 1.06 percent return on assets, giving investors two operating markers for the October release.

Broker target stays at INR 105.00

Motilal Oswal upgraded IDFC First Bank to Buy from Neutral on September 22, 2026, and set an INR 105.00 target based on 1.6 times FY28E adjusted book value, as Mint reported on September 23, 2026. The brokerage cited stronger deposits, sustained loan growth, improving operating leverage and controlled credit costs.

Market value before results

On the NSE, IDFC First Bank was trading at INR 81.44 on September 30, 2026 at 3:14 p.m. IST. Its market capitalization was INR 701.8 billion on the same date, while the 52-week range stood at INR 58.08 to INR 89.61.