quartr
IDFCFIRSTB: Profit exceeded INR 1,000 crore as asset quality and margins improved, driving upgraded FY27 guidance
Customer business and loan book grew over 20% year-over-year, with profit surpassing INR 1,000 crore for the first time. Asset quality and margins improved, leading to upgraded guidance for NIM (5.8%), credit cost (150-160 bps), and ROA (1%) for FY27.Based on IDFC First Bank Ltd. [IDFCFIRSTB] Q1 26…