IDFC First Bank Q1 FY26 profit drops 32% YoY to ₹463 crore; NII up 5.1%, margins and microfinance weigh on results.

• NIM fell to 5.71% from 5.95% QoQ due to repo rate pass-through, asset mix shift, and lower investment yields.
• Deposits grew 25.5% YoY; gross NPA slightly up at 1.97%; microfinance share dropped from 6.3% to 3.3%.
• Loan book rose 21% YoY; capital raise to improve CRAR to 17.6%; margins, MFI stress seen easing in H2 FY26.