In the first quarter of FY26, IDFC First Bank reported a net profit of ₹462.6 crore, marking a 32.07% decline from ₹681 crore in the same quarter last year. However, its net interest income (NII) rose by 5% year-on-year to ₹4,933 crore, up from ₹4,695 crore.
Yes Bank showcased a robust performance with a standalone net profit of ₹801 crore for Q1FY26, reflecting a 59% year-on-year increase from ₹502 crore in the corresponding period last year. Sequentially, the profit rose over 8% from ₹738 crore reported in the January March quarter of FY25.
Axis Bank reported a net profit of ₹462.6 crore for the June quarter, a 32.07% decline from ₹681 crore in the same quarter last year. Its net interest income (NII) increased by 5% year-on-year to ₹4,933 crore, up from ₹4,695 crore.
Analysts suggest that while Yes Bank demonstrates strong growth and stability, investors should consider individual risk appetites and conduct further research before making investment decisions.
