IDBI Bank Q1 Results: Net Profit Rises 17% To Rs 2,007 Crore, Asset Quality Stable

IDBI Bank on Monday reported a 17 per cent rise in net profit at Rs 2,007 crore for the first quarter of the current financial year. The LIC controlled-bank had earned a net profit of Rs 1,719 crore in the same quarter of the previous fiscal year.

Total income rose to Rs 8,458 crore during the June quarter of 2025-26, from Rs 7,471 crore a year ago, IDBI Bank said in a regulatory filing. Interest earned by the bank improved to Rs 7,021 crore, as compared to Rs 6,666 crore in the June quarter FY25.

However, net Interest Income (NII) declined to Rs 3,166 crore in the quarter, as against Rs 3,233 crore in Q1 of the previous year. During the period, operating profit of the bank increased to Rs 2,354 crore, from Rs 2,076 crore a year ago.

The bank's asset quality improved as gross non-performing assets (NPAs) declined to 2.93 per cent of gross advances at the end of the June quarter, from 3.87 per cent a year ago. Similarly, net NPAs, or bad loans, declined to 0.21 per cent from 0.23 per cent in the year-ago period. Net advances rose to Rs 2,11,907 crore as on June 30, 2025 as against Rs 1,94,026 crore as on June 30, 2024 registering a growth of 9 per cent.

Provision Coverage Ratio (PCR) remained flat at 99.31 per cent at the end of June 30, 2025. At the same time, Return on Assets (ROA) improved to 2.01 per cent in June 2025 from 1.83 per cent a year ago. Capital adequacy ratio of the bank rose to 25.39 per cent, from 22.42 per cent in the same quarter of FY25.