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Informist, Saturday, Oct. 17, 2026

 

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--IDBI Bank Jul-Sept net profit INR 22.05 bln vs INR 36.27 bln year ago 
--IDBI Bank Jul-Sept total income INR 98.65 bln vs INR 95.94 bln year ago 
--IDBI Bank gross NPA ratio 2.12 % on Sept 30 vs 2.30% qtr ago 
--IDBI Bank net NPA ratio 0.17% on Sept 30 vs 0.16% qtr ago 
--IDBI Bank Q2 provisions INR 85.50 mln vs reversal of INR 6.53 bln year ago 
--IDBI Bank Jul-Sept NPA provisions reversed at INR 8.54 bln 
--IDBI Bank basel III capital adequacy ratio 27.10% on Sept 30 
--IDBI Bank Apr-Sept net profit INR 43.21 bln vs INR 56.35 bln year ago 
--IDBI Bank Apr-Sept total income INR 184.38 bln vs INR 180.52 bln year ago 
--IDBI Bank provision coverage ratio 99.24% on Sept 30 
--IDBI Bank Jul-Sept net interest margin 4.11% vs 3.61% quarter ago 
--IDBI Bank Q2 net interest income INR 42.28 bln vs INR 32.85 bln yr ago 
--IDBI Bank Jul-Sept cost of funds at 4.65% vs 4.68% qtr ago 
--IDBI Bank Jul-Sept cost of deposits at 4.55% vs 4.59% qtr ago 
--IDBI Bank: Jul-Sept PAT up 14% YoY excluding last year's one-off gain

 

By Nandini Sinha

 

MUMBAI – IDBI Bank Ltd.'s net profit for the September quarter fell sharply on a high base due to a one-off gain in the year-ago quarter from its stake sale in the National Securities Depository Ltd. The lender posted a provision for the quarter under review against their reversal a year ago, which also weighed on the bottom line.

 

The bank posted a net profit of INR 22.05 billion for the September quarter, down over 39% on year, but up 4.27% on quarter. In the year-ago period, the lender had posted a one-off gain of INR 16.99 billion from the sale of its stake in NSDL. Excluding this one-off gain, the on-year increase in net profit for the September quarter of the current year is 14%, IDBI Bank said in a press release.

 

The lender's provisions and contingencies for Jul-Sept were INR 85.5 million against a reversal worth INR 6.53 billion a year ago. Its total expenses rose nearly 15% on year to INR 69.73 billion, which also dragged down its profitability. On a sequential basis, expenses rose nearly 9%.

 

Total income for Jul-Sept rose nearly 3% on year to INR 98.65 billion. Net interest income surged 29% to INR 42.28 billion and net interest margin expanded 50 basis points to 4.11% from 3.61% a quarter ago.

 

Total deposits with IDBI Bank rose 17% on year to INR 3.56 trillion as on Sept. 30. Net advances grew 18% to INR 2.72 trillion. The bank's cost of funds fell to 4.65% from 4.68% in the June quarter. The cost of deposits also fell to 4.55% from 4.59% a quarter ago.

 

ASSET QUALITY

Asset quality improved significantly as the gross non-performing asset ratio as on Sept. 30 fell to 2.12% from 2.30% a quarter ago. Although the net non-performing asset ratio came in one basis point higher at 0.17% as on Sept. 30.

 

The provision coverage ratio, including technical write-offs, was 99.24% as on Sept. 30. The Basel-III capital adequacy ratio was 27.10%, up from 25.39% a year ago and 26.92% a quarter ago. Cost-to-net income ratio fell to 48.17% from 52.02% a quarter ago. 

 

For Apr-Sept, the lender's total income rose 2% on year to INR 184.38 billion. Net profit for the same period fell over 23% on year to INR 43.21 billion.

 

Friday, shares of IDBI Bank closed at INR 84.12 apiece on the National Stock Exchange, up 0.8% from Thursday.  End

 

Edited by Shubhayan Bhattacharya

 

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