IDFC First Bank share price climbed over 2% during Monday’s trade following a remarkable 75.5% year-on-year increase in the bank’s standalone net profit, which reached ₹352.31 crore in the second quarter of FY26. Despite this impressive growth in profit, the bank’s net interest income saw a notable decline of 40% year-on-year, falling to ₹5,112.57 crore. In its second quarter financial results for FY26, IDFC Bank reported a year-on-year profit surge of 75.5%, with a standalone net profit of ₹352.31 crore, compared to ₹200.69 crore in Q2FY25. Additionally, the bank’s net interest income (NII) saw an increase of 6.8% year-on-year. (more to come)
IDFC First Bank’s share price rises by more than 2% after the second quarter results. Should you buy?
