StockWatch
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Private Sector Bank
Quarterly Result18 Jul 2026, 03:40 pm

IDBI Bank Q1 FY27 Profit Up 5% YoY to ₹2,115 Cr

AI Summary

IDBI Bank reported its un-audited financial results for the first quarter of FY 2026-27, with net profit rising 5% year-on-year to ₹2,115 crore from ₹2,007 crore in Q1 FY 2025-26. Net Interest Income (NII) grew by 10% YoY to ₹3,486 crore. Total business increased by 15% YoY to ₹5,84,725 crore. The bank also saw improvements in asset quality, with Gross NPA ratio down to 2.30% and Net NPA ratio at 0.16%. Provision Coverage Ratio (PCR) remained strong at 99.31%. The bank received an award for its performance in the Atal Pension Yojana and launched a nationwide hackathon, 'IDBI Innovate 2026'.

Key Highlights

  • Net profit increased 5% YoY to ₹2,115 Cr in Q1 FY27.
  • Net Interest Income grew 10% YoY to ₹3,486 Cr.
  • Gross NPA ratio improved to 2.30% and Net NPA to 0.16%.
  • Total business grew 15% YoY to ₹5,84,725 Cr.
  • Bank received 'APY Annual Award of Ultimate Achiever'.