IDBI Bank Q2 PAT falls 39% YoY to Rs 2,205 cr

IDBI Bank?s standalone net profit declined 39.20% to Rs 2,205.45 crore despite a 2.83% rise in total income to Rs 9,865.12 crore in Q2 FY27 over Q2 FY26.

Operating profit declined 17.89% YoY to Rs 2,892.51 crore in Q2 FY27 from Rs 3,522.78 crore in Q2 FY26. Excluding the one-off gain of Rs 1,699 crore from the sale of strategic investment in NSDL in Q2 FY26.

Net interest income (NII) increased 28.71% to Rs 4,228 crore in Q2 FY27 from Rs 3,285 crore in Q2 FY26. Net interest margin (NIM) improved to 4.11% from 3.71% in the year-ago quarter.

Total deposits increased 17% YoY to Rs 3,55,684 crore as of 30 September 2026 from Rs 3,03,408 crore as of 30 September 2025. Net advances grew 18% YoY to Rs 2,71,533 crore from Rs 2,30,220 crore.

CASA increased 12% YoY to Rs 1,55,877 crore as of 30 September 2026. The CASA ratio stood at 43.82% as compared with 45.79% a year earlier. The gross NPA ratio stood at 2.12% as of 30 September 2026, from 2.65% as of 30 September 2025. The net NPA ratio declined to 0.17% from 0.21%.

The provision coverage ratio, including technical write-offs, stood at 99.24%. The capital adequacy ratio (CRAR) increased to 27.10% from 25.39% a year earlier, while the Tier 1 capital ratio improved to 26.55% from 23.79%.

Risk-weighted assets (RWA) stood at Rs 2,37,228 crore as of 30 September 2026, up from Rs 2,08,546 crore a year earlier. Return on assets (ROA) stood at 1.83% during the quarter.

IDBI Bank is a banking company. Its segments include the corporate/wholesale banking segment, which includes corporate relationships covering deposit and credit activities other than retail and also covers corporate advisory/syndication and project appraisal.

Shares of IDBI Bank rose 0.77% to Rs 84.11 on the BSE.

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