IDBI Bank reported a strong performance for the second quarter of fiscal year 2026, with net profit surging by 98% year-over-year to ₹3,627 crore. Operating profit increased by 17% to ₹3,523 crore. The bank’s total business reached ₹5,33,730 crore, reflecting a 12% growth. Asset quality also improved, with the gross NPA ratio declining to 2.65%.
Financial Performance Highlights
IDBI Bank announced impressive financial results for Q2 FY2026:
- Net profit surged to ₹3,627 crore, a 98% year-over-year increase. This includes profit on sale of investment in NSDL of ₹1699 crore.
- Operating profit reached ₹3,523 crore, up 17% year-over-year.
- Total business volume stood at ₹5,33,730 crore, showing a 12% increase.
Balance Sheet Growth
Key balance sheet figures as of September 30, 2025:
- Total deposits reached ₹3,03,510 crore, a 9% year-over-year growth.
- Net advances totaled ₹2,30,220 crore, a 15% increase.
- CASA stood at ₹1,39,036 crore, with the CASA ratio at 45.81%.
Asset Quality Improvement
IDBI Bank demonstrated notable improvements in asset quality:
- Gross NPA ratio decreased to 2.65%, a reduction of 103 bps year-over-year.
- Net NPA stood at 0.21%.
- Provision Coverage Ratio (PCR) was reported at 99.26%.
Key Ratios
- Return on Assets (ROA) improved to 3.55%.
- Return on Equity (ROE) improved to 29.64%.
- Net Interest Margin (NIM) stood at 3.71%.
- Capital Adequacy Ratio (CRAR) increased to 25.39%.
Source: BSE
