New Delhi, July 27 -- Private banks IDFC First Bank, Yes Bank and Axis Bank have declared their quarterly earnings for the period ending on June 30, 2025. Experts say that each bank has its strengths looking at the Q1 FY26 results.
IDFC First Bank reported a profit after tax (PAT) of Rs.462.6 crore for the June quarter, reflecting a 32.07% decline from Rs.681 crore recorded in the same quarter last year. However, its net interest income (NII) rose 5% year-on-year to Rs.4,933 crore, up from Rs.4,695 crore.
In contrast, Yes Bank's standalone net profit for Q1FY26 jumped 59% year-on-year to Rs.801 crore, compared to Rs.502 crore in the corresponding period last year. On a sequential basis, PAT rose over 8% from Rs.738 crore reported in the...
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