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IDFC First Bank profit falls 58%

Financial Express Hyderabad

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April 27, 2025

IDFC FIRST BANK on Saturday reported a 58% year-on-year decline in net profit to ₹304 crore for the fourth quarter of FY25, impacted by a sharp rise in bad loans within its microfinance portfolio.

- SACHIN KUMAR

The profit missed market expectations, as analysts polled by Bloomberg had projected a net profit of ₹421 crore for the quarter.

Financial Express Hyderabad

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