IDBI Bank has announced its un-audited financial results for the quarter and half-year ended September 30, 2026. The bank reported a 4% year-on-year increase in Net Profit, reaching ₹2,205 crore for the second quarter of FY27. Net Interest Income (NII) saw a robust 29% YoY growth, amounting to ₹4,228 crore.
IDBI Bank Reports Strong Q2 FY27 Financials
IDBI Bank has unveiled its financial performance for the second quarter and the first half of the fiscal year ending September 30, 2026. The bank demonstrated healthy growth across key performance indicators, with Net Profit for the quarter rising by 4% year-on-year to ₹2,205 crore.
Key Financial Highlights
Profitability
- Operating Profit: Stood at ₹2,893 crore for Q2 FY27, marking a 33% increase quarter-on-quarter (QoQ).
- Net Profit: Reached ₹2,205 crore, a 4% increase QoQ, and a 14% increase year-on-year (YoY) when excluding a one-off gain from Q2 FY26.
- Net Interest Income (NII): Increased by 29% YoY to ₹4,228 crore, reflecting a 21% QoQ growth.
Balance Sheet Growth
- Total Business: Grew by 18% YoY to ₹6,27,216 crore.
- Deposits: Increased by 17% YoY to ₹3,55,684 crore.
- Net Advances: Grew by 18% YoY to ₹2,71,533 crore.
Asset Quality
- Gross NPA ratio improved to 2.12%, a YoY reduction of 53 bps.
- Net NPA ratio improved to 0.17%, a YoY reduction of 4 bps.
- Provision Coverage Ratio (PCR) stood at a strong 99.24%.
Capital Position
- CRAR improved to 27.10%, a YoY increase of 171 bps.
- Tier 1 Capital improved to 26.55%.
Significant Developments
During the quarter, IDBI Bank launched a Salary Account Package for Central Government Employees and received the 17th Development Leadership Award 2026. Additionally, the bank was awarded the Finnoviti 2026 Award for Integrated Audit and received prestigious industry recognitions for its internal audit solutions.
The Board of Directors of IDBI Bank Ltd. met on October 17, 2026, to approve these financial results.
Source: BSE
