Mumbai, May 9 (TIWN) IDFC First Bank on Sunday reported a 78.6 per cent increase in its net profit for the quarter ended March at Rs 127.81 crore.

The bank's total income during the fourth quarter of FY21 came in at Rs 4,834 crore, against Rs 4,576.12 crore.  The gross non-performing asset (GNPA) of IDFC First Bank as a percentage of gross advancements was 4.15 per cent during the period under review, up from 2.60 per cent in January-March quarter of the previous fiscal.  The provision for Q4 FY21 was at Rs 603 crore as compared to Rs 679 crore for Q4 FY20 and as compared to Rs 595 crore in Q3 FY21.