IDFC First Bank shares in focus after Q1 profit jumps 132% to Rs 1,075 crore. What are analysts saying?

IDFC First Bank reported a 132 percent YoY jump in Q1 FY27 profit to Rs 1,075 crore, crossing the Rs 21,000 crore annualised mark for the first time. Net interest income rose 21.1 percent YoY to Rs 5,972.3 crore and NIM expanded 25 bps to 5.96 percent, while gross NPA improved to 1.51 percent from 1.97 percent a year earlier. Brokerages Emkay (ADD, target Rs 85) and Motilal Oswal (Neutral, target Rs 90) remained constructive, though management guided for further NIM contraction to around 5.8 percent.