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Idbi Bank Q1Fy27: IDBI Bank Q1FY27 net profit rises 3.3% to Rs 2007 crore

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been standard dummy text ever since the 1500s,

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.


IDBI Bank Q1FY27 net profit rises 3.3% to Rs 2007 crore

MUMBAI: IDBI Bank reported a 5% year-on-year rise in net profit to Rs 2,115 crore for the quarter ended June 30, 2026, from Rs 2,007 crore a year earlier, supported by higher net interest income despite a decline in fee and treasury income.Net interest income (NII) rose 10% to Rs 3,486 crore from Rs 3,166 crore in the year-ago quarter. However, non-interest income fell 28% to Rs 1,032 crore from Rs 1,437 crore. Operating profit stood at Rs 2,168 crore.The bank’s total business increased 15% year-on-year to Rs 5.85 lakh crore. Deposits grew 10% to Rs 3.26 lakh crore as of June 30, 2026, while net advances rose 22% to Rs 2.59 lakh crore.CASA deposits increased 7% year-on-year to Rs 1.42 lakh crore, while the CASA ratio stood at 43.64%.Asset quality improved, with the gross non-performing asset (NPA) ratio declining to 2.30% from 2.93% a year earlier. The net NPA ratio eased to 0.16% from 0.21%. Provision coverage ratio remained at 99.31%.The bank’s capital adequacy ratio improved to 26.92% from 25.39% a year ago, while the CET-1 ratio rose to 26.38% from 23.71%.Net interest margin stood at 3.61%, compared with 3.68% a year earlier. Return on assets was 1.89%, against 2.01% in the corresponding quarter last year.The cost of funds declined to 4.68% from 4.98% a year earlier, while the cost of deposits fell to 4.59% from 4.84%.The bank said its credit-deposit ratio improved to 79.50% from 71.40% a year earlier.



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