IDFC First Bank's Q1 net profit more than doubles to ₹1,075 Crore, asset quality improves - CNBC TV18

•IDFC First Bank's Q1 net profit more than doubled to ₹1,075 crore from ₹465 crore last year.

•Net interest income increased 21.1% to ₹5,972.3 crore, while provisions fell to ₹1,144 crore.

•Asset quality improved, with gross NPAs contracting to 1.51% and net NPAs reducing to 0.44%.

•Shares of IDFC First Bank ended at ₹80.95 apiece, down 5.4% this year.