IDFC First Bank Limited — Updates, 26-04-2025: Press Release

**Financial Highlights:** IDFC FIRST Bank reported a Profit After Tax (PAT) of ₹1,525 crore for FY25, a decrease of 48.4% YoY, primarily due to challenges in the microfinance industry. Net Interest Income (NII) grew by 17.3% YoY to ₹16,567 crore, with a Net Interest Margin (NIM) of 6.09%. Core Operating Profit showed a notable increase of 17.2% YoY.

**Strategic Initiatives and Growth Drivers:** Customer deposits surged by 25.2% YoY to ₹2,42,543 crore, further bolstered by a CASA ratio of 46.9%. The wealth management AUM rose by 27% to ₹42,665 crore, alongside a significant increase in credit card issuance.

**Business Developments:** Significant steps include the approval to raise approximately ₹7,500 crore through the issuance of Compulsorily Convertible Preference Shares (CCPS).

**Market Position and Competitive Advantage:** The bank continues to dominate with 17.8 million active FASTag accounts, maintaining leading positions in both retail deposits and loans.

**Investor Implications:** Investors should note the ongoing efforts to strengthen capital adequacy and the positive trajectory in overall funding. However, the fluctuations in the microfinance segment warrant close attention, and the strategic capital raise is positioned to support future growth.