IDBI Bank Posts Robust Q1 FY27 Performance with 5.4% Rise in Net Profit
Mumbai, July 18 (Forever News): IDBI Bank has started FY27 on a strong footing, reporting a 5.4% year-on-year increase in net profit to ₹2,115 crore for the quarter ended June 30, 2026, compared with ₹2,007 crore in the corresponding quarter of the previous financial year.
IDBI Bank Q1 FY27 Results: Net Profit Climbs 5.4% to ₹2,115 Crore.
The bank’s Net Interest Income (NII) grew 10.1% year-on-year to ₹3,486 crore, while Profit Before Tax (PBT) increased to ₹2,805 crore. Total income for the quarter stood at ₹8,573 crore.
On the business front, net advances surged 22.2% year-on-year to ₹2.59 lakh crore, while deposits rose 9.7% to ₹3.26 lakh crore. Total business stood at ₹5.85 lakh crore, reflecting sustained growth in lending and deposits.
Asset quality continued to improve, with Gross Non-Performing Assets (GNPA) declining to 2.30% from 2.93% a year ago, while Net NPAs reduced to 0.16% from 0.21%. The bank maintained a healthy Provision Coverage Ratio (PCR) of 93.01%, highlighting its prudent risk management practices.
IDBI Bank also remained well-capitalised, with its Capital Adequacy Ratio (CAR) improving to 26.92% and the Common Equity Tier-1 (CET-1) ratio standing at 26.38%, providing a strong cushion for future growth.
However, Net Interest Margin (NIM) moderated to 3.61% from 3.68% in the year-ago quarter and 4.15% in the preceding quarter, reflecting pressure on lending margins. The bank’s cost-to-income ratio increased to 52.02% during the quarter.
Despite the margin pressure, the bank’s robust loan growth, improving asset quality and strong capital buffers position it well for sustained performance in the coming quarters.
Q1 FY27 Highlights
Net Profit: ₹2,115 crore (↑ 5.4% YoY)
Net Interest Income: ₹3,486 crore (↑ 10.1% YoY)
Profit Before Tax: ₹2,805 crore
Net Advances: ₹2.59 lakh crore (↑ 22.2% YoY)
Deposits: ₹3.26 lakh crore (↑ 9.7% YoY)
Gross NPA: 2.30%
Net NPA: 0.16%
Capital Adequacy Ratio: 26.92%
CET-1 Ratio: 26.38%
