Earnings Review
IDBI Bank PAT doubles as other income rises, provisions fall
This story was originally published at 18:47 IST on 18 October 2025
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--IDBI Bank Jul-Sept net profit INR 36.27 bln vs INR 18.36 bln year ago
--IDBI Bank Jul-Sept total income INR 95.94 bln vs INR 87.55 bln year ago
--IDBI Bank gross NPA ratio 2.65% as on Sept 30 vs 2.93% qtr ago
--IDBI Bank net NPA ratio 0.21% as on Sept 30, unch on qtr
--IDBI Bank Basel III capital adequacy ratio 25.39% as on Sept 30
--IDBI Bank Apr-Sept net profit INR 56.35 bln vs INR 35.56 bln year ago
--IDBI Bank Apr-Sept total income INR 180.52 bln vs INR 162.26 bln year ago
By Rati Chaphekar
MUMBAI – IDBI Bank Ltd.'s net profit doubled in the September quarter due to rise in other income and fall in provisions. The bottom line of the bank surged despite a fall in interest income, which is the core income of any bank.
The bank's net profit for Jul-Sept was INR 36.27 billion, double that of INR 18.36 billion for the same period a year ago. Total income of the bank was INR 95.94 billion, up nearly 10% from INR 87.55 billion year ago. Other income for the quarter was INR 24.89 billion, up 90% on year. The bank earned an interest of INR 71.04 billion, 5% lower than INR 74.42 billion in same period year ago. Total expenditure for the quarter was INR 60.71 billion, up almost 6% on year.
The lender's interest on advances fell to INR 47.80 billion, down 9% on year from INR 52.58 billion. Due to this, the bank's net interest income also fell to INR 32.85 billion in the reporting quarter, down 15% on year.
The bank's interest expended rose to INR 38.19 billion, up 7% on year. However, the lender's employee cost reduced to INR 10.01 billion, down nearly 9% on year.
The bank's total deposits stood at INR 3.04 trillion as of Sept. 30 and net advances stood at INR 2.30 trillion. The lender's provision coverage ratio stood at 99.26%. The current account savings account ratio of the bank was 45.81%.
The bank reversed provisions worth INR 6.53 billion in the reporting quarter, boosting the net profit. The bank had made provisions of INR 5.55 billion in the same period last year. Out of total provisions reversed, INR 5.79 billion were for non-performing assets. In the year ago quarter, the bank had reversed NPA provisions worth INR 1.65 billion.
The percentage of gross non-performing assets fell to 2.65% of gross advances, down 28 basis points on quarter. The percentage of net non-performing assets was largely unchanged on quarter at 0.21%. The annualised net interest margin of the lender rose 3 bps on quarter to 3.71%. The bank's return on assets increased to 3.55%, up 154 bps from 2.01% a quarter ago.
The cost of deposits for the reporting quarter was 4.69%, down 15 bps from the trailing quarter. The cost of fund fell to 4.82% in the September quarter, down 16 bps from the previous quarter. On Friday, shares of IDBI Bank ended at INR 91.72 on the National Stock Exchange, down 0.6%. End
Edited by Ashish Shirke
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