IDBI Bank Ltd. on Saturday reported a 1.42% year-on-year rise in standalone net profit for the December quarter at Rs 1,935.45 crore, compared with Rs 1,908.27 crore in the same period last year.
Net interest income, however, declined sharply, falling 24% year-on-year to Rs 3,209.5 crore in the December quarter, from Rs 4,228.2 crore a year earlier.
Asset quality improved on a sequential basis. Gross non-performing assets eased to 2.57% at the end of December, compared with 2.65% at the end of September 2025. Net NPAs also declined marginally to 0.18%, from 0.21% in the previous quarter.
IDBI Bank Q3 Highlights (YoY)
- Profit up 1.4% at Rs 1,935 crore versus Rs 1,908 crore
- NII down 24% at Rs 3,210 crore versus Rs 4,229 crore
- Provisions write-back of Rs 542 crore versus Rs 653 crore (QoQ)
- Net NPA at 0.18% versus 0.21% (QoQ)
- Gross NPA at 2.57% versus 2.65% (QoQ)
According to the bank's exchange filing, total deposits rose 9% year-on-year to Rs 3,07,858 crore as of December 31, 2025, compared with Rs 2,82,439 crore a year ago.
The bank's CASA balance stood at Rs 1,35,632 crore, with a CASA ratio of 44.06% at the end of December. In the year-ago period, CASA deposits were Rs 1,30,899 crore, with a CASA ratio of 46.35%.
Net advances grew 15% year-on-year to Rs 2,38,786 crore, up from Rs 2,06,807 crore as of December 31, 2024.
The provision coverage ratio, including technical write-offs, stood at 99.33% at the end of December, compared with 99.47% a year earlier.
For the December quarter, return on equity was 14.49%, while net interest margin stood at 3.52%.
IDBI Bank shares closed 0.3% lower at Rs 104.55 on the BSE on Friday, ahead of the results announcement.
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