IDBI Bank Q4 net profit slips 5% to Rs 1,943 crore

New Delhi : IDBI Bank on Thursday reported a 5 percent decline in net profit to Rs 1,943 crore for the March quarter of FY 2025-26. The LIC-controlled bank had posted a net profit of Rs 2,051 crore in the year-ago period. Its net profit was impacted by a fall in operating profit to Rs 3,043 crore from Rs 3,195 crore a year ago.

However, its total income rose to Rs 9,409 crore in the period under review from Rs 9,035 crore in January-March of the preceding fiscal.

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At the same time, interest income increased to Rs 7,798 crore during the period under review from Rs 6,979 crore in the corresponding quarter a year ago.

The net interest income (NII) in the quarter also improved to Rs 3,851 crore compared to Rs 3,290 crore in Q4 FY25.

On the asset quality side, the bank's gross non-performing assets (NPAs) improved to 2.32 percent of gross advances as of March 31, 2026, from 2.98 percent reported at the end of March 2025.

Net NPAs remained flat at 0.15 percent of the advances at the end of March 2026.

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Provision coverage ratio (including Technical Write-Offs) stood at 99.39 per cent as of March 31, 2026. The PCR has remained consistently above 99 percent since September 2023.

For the entire financial year 2025-26, its net profit rose 27 percent to Rs 9,513 crore compared to Rs 7,515 crore in the previous year.

Total income during the financial year rose to Rs 35,744 crore from Rs 33,826 crore in FY25.

The bank's capital adequacy ratio improved to 26.65 percent as of March 31, 2026, from 25.05 percent as of March 31, 2025.

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