INTEGRATED FILING — BANKING



General information about company

Scrip code 539437
NSE Symbol IDFCFIRSTB
MSEI Symbol NOTLISTED
ISIN INE092T01019
Name of bank IDFC FIRST BANK LIMITED
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 26-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 27-Mar-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 26-Apr-2025   10:00:00
End date and time of board meeting 26-Apr-2025   15:45:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public Yes
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. Yes
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? Yes
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-01-25
Indicate Company website link for updated RPT policy of the Company https://www.idfcfirstbank.com/content/dam/idfcfirstbank/pdf/corporate-governance/Policy-on-Related--Party-Transactions.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
No defaults during quarter ended March 31, 2025


Financial Results - Banking
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Interest earned
Interest or discount on advances or bills 79712000000 308345200000
Income on investments 13945000000 53173900000
Interest on balances with reserve bank of India and other inter bank funds 282000000 1145500000
Others 190400000 2350300000
Total interest earned 94129400000 365014900000
2 Other income 18954100000 70217100000
3 Total income 113083500000 435232000000
Expenses
4 Interest expenses 45057800000 172095200000
5 Operating expenses
(i) Employees cost 15281500000 57099000000
(ii) Details of other operating expenses
Description of other operating expenses
1 Other operating expenses 34628100000 131889300000
Total other operating Expenses 34628100000 131889300000
Total Operating Expenses 49909600000 188988300000
6 Total expenditure excluding provisions and contingencies 94967400000 361083500000
7 Operating profit before provision and contingencies 18116100000 74148500000
8 Provisions other than tax and contingencies 14504700000 55147300000
9 Exceptional items 0 0
10 Total profit (loss) from ordinary activities before tax 3611400000 19001200000
11 Provision for Tax 570600000 3752700000
12 Net profit (loss) from ordinary activities after tax 3040800000 15248500000
13 Extraordinary items net of tax expenses 0 0
14 Net profit (loss) for the period 3040800000 15248500000
15 Share of profit (loss) of associates
16 Profit (loss) of minority interest
17 Net Profit (loss) after taxes minority interest and share of profit (loss) of associates 3040800000 15248500000
18 Details of equity share capital [Abstract]
Paid-up equity share capital 73221100000 73221100000
Face value of equity share capital 10 10
19 Reserve excluding revaluation reserves (as per balance sheet of previous accounting year) 306071700000
20 Analytical ratios
(i) Percentage of share held by government of India 0.09 0.09
(ii) Capital adequacy ratio
CET 1 ratio 13.17 13.17
Additional Tier 1 ratio 0 0
(iii) (a) Earnings per share before extraordinary items
Basic earnings per share before extraordinary items 0.42 2.09
Diluted earnings per share before extraordinary items 0.41 2.08
(iii) (b) Earnings per share after extraordinary items
Basic earnings per share after extraordinary items 0.42 2.09
Diluted earnings per share after extraordinary items 0.41 2.08
(iv) NPA Ratios
Amount of gross non-performing assets 44335800000 44335800000
Amount of net non-performing assets 12299200000 12299200000
% of gross NPAs 1.87 1.87
% of net NPAs 0.53 0.53
Return on assets 0.36 0.48
21 Disclosure of notes on financial results by banks Textual Information(1)


Text Block

Textual Information(1) For notes, please refer detailed financial results for the quarter and year ended March 2025, filed by the Bank in PDF.


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
1 Capital and liabilities
Capital 73221100000
Reserves and surplus 307558900000
Deposits 2520652500000
Borrowings 389748400000
Other liabilities and provisions 147005600000
Total Capital Liabilities 3438186500000
2 ASSETS
Cash and Balances with Reserve Bank of India 140235000000
Balances with Banks and money at call and short notice 10738600000
Investments 807155200000
Advances 2331125300000
Fixed Assets 26626500000
Other Assets 122305900000
Total Assets 3438186500000
Disclosure of notes on assets and liabilities


Text Block
Textual Information(1)


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Treasury 68498400000 260663000000
2 Wholesale Banking 25127300000 91688000000
3 Retail Banking 121816600000 473577800000
4 Other Banking Business 3400900000 10746700000
5 Unallocated 500000 1240100000
Total Segment Revenue 218843700000 837915600000
Less: Inter segment revenue 105760200000 402683600000
Income from operations 113083500000 435232000000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Treasury 2675800000 6628200000
2 Wholesale Banking 2619200000 8994600000
3 Retail Banking -2369400000 1454700000
4 Other Banking Business 2145000000 6148700000
5 Unallocated -1459200000 -4225000000
Total Profit before tax 3611400000 19001200000
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax 3611400000 19001200000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Treasury 998059600000 998059600000
2 Wholesale Banking 441815400000 441815400000
3 Retail Banking 1972140600000 1972140600000
4 Other Banking Business 1081800000 1081800000
5 Unallocated 25089100000 25089100000
Total Segment Assets 3438186500000 3438186500000
Un-allocable Assets 0 0
Net Segment Assets 3438186500000 3438186500000
4 Segment Liabilities
Segment Liabilities
1 Treasury 331392800000 331392800000
2 Wholesale Banking 716849500000 716849500000
3 Retail Banking 2000187400000 2000187400000
4 Other Banking Business 467500000 467500000
5 Unallocated 8509300000 8509300000
Total Segment Liabilities 3057406500000 3057406500000
Un-allocable Liabilities 0 0
Net Segment Liabilities 3057406500000 3057406500000
Disclosure of notes on segments For notes, please refer detailed financial results for the quarter and year ended March 2025, filed by the Bank in PDF.




Cash Flow Statement, Indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 0
Adjustments for depreciation and amortisation expense 9600500000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 55147200000
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 452000000
Adjustments for share-based payments 924900000
Other adjustments for which cash effects are investing or financing cash flow -108800000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 65111800000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables -464560800000
Adjustments for decrease (increase) in other current assets -6757900000
Adjustments for increase (decrease) in trade payables 514889300000
Adjustments for increase (decrease) in other current liabilities 18497000000
Adjustments for provisions 0
Total adjustments for working capital 62067600000
Total adjustments for reconcile profit (loss) 127179400000
Net cash flows from (used in) operations 146180600000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 2235200000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items 143945400000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities 143945400000
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 25916700000
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of tangible assets 331600000
Purchase of tangible assets 8859100000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 452000000
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -33992200000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -33992200000
5 Cash flows from used in financing activities
Proceeds from issuing shares 32786900000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 119607400000
Dividends paid 0
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items -86820500000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities -86820500000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 23132700000
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 49500000
Net increase (decrease) in cash and cash equivalents 23182200000
Cash and cash equivalents cash flow statement at beginning of period 127791400000
Cash and cash equivalents cash flow statement at end of period 150973600000


Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s Kalyaniwalla & Mistry LLP Yes 31-Jul-2027
2 M/s M P Chitale & Co Yes 31-Jul-2025


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income
2 Total Expenditure
3 Net Profit/(Loss)
4 Earnings Per Share
5 Total Assets
6 Total Liabilities
7 Net Worth

Any other financial item(s) (as felt appropriate by the management)



Signatories details

Name of CEO / Managing director
Name of CFO
Name of audit committee chairman
Name of statutory auditor
Name of other signatory, if any, with designation
Place
Date


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 IDFC FIRST Bank Limited IDFC FIRST Bharat Limited Subsidiary Any other transaction Loan Servicing Fees ` 1300 crore as approved by Audit Committee 4881851000 0 0
2 IDFC FIRST Bank Limited IDFC FIRST Bharat Limited Subsidiary Any other transaction Loan Servicing Fees Payable At Actuals 208977000 210966000 208977000
3 IDFC FIRST Bank Limited IDFC FIRST Bharat Limited Subsidiary Any other transaction Cash with Business Correspondent At Actuals 424219000 708409000 424219000
4 IDFC FIRST Bank Limited IDFC FIRST Bharat Limited Subsidiary Any other transaction Shared service cost receivable ` 1crore per transaction as approved by Audit Committee 524000 0 0
5 IDFC FIRST Bank Limited Reliance General Insurance Company Limited Interested entity of KMP/Directors or their relative Any other transaction Swap/Forward Contract Value is dependent on the Counterparty 255679000 0 0
6 IDFC FIRST Bank Limited Reliance General Insurance Company Limited Interested entity of KMP/Directors or their relative Any other transaction Purchase of Government Security At Actuals 506638000 0 0
7 IDFC FIRST Bank Limited Reliance General Insurance Company Limited Interested entity of KMP/Directors or their relative Any other transaction Commission Income At Actuals 18000 0 0
8 IDFC FIRST Bank Limited Reliance General Insurance Company Limited Interested entity of KMP/Directors or their relative Any other transaction Broken Period Interest Value is dependent on the counterparty 11466000 0 0
9 IDFC FIRST Bank Limited Reliance General Insurance Company Limited Interested entity of KMP/Directors or their relative Any other transaction Profit / (Loss) on Purchase/ Sale of Government Secuirty At Actuals 28000 0 0
10 IDFC FIRST Bank Limited Goldman Sachs (India) Capital Markets Private Limited Interested entity of KMP/Directors or their relative Any other transaction Purchase of Government Security At Actuals 11727678000 0 0
11 IDFC FIRST Bank Limited Goldman Sachs (India) Capital Markets Private Limited Interested entity of KMP/Directors or their relative Any other transaction Broken Period Interest Value is dependent on the counterparty 10631000 0 0
12 IDFC FIRST Bank Limited Premium Transmission Private Limited Interested entity of KMP/Directors or their relative Any other transaction Commission Income At Actuals 1000 0 0
Total value of transaction during the reporting period 18027710000





Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
3. Total financial indebtedness of the listed entity including short-term and long-term debt