Top Searches
Advertisement

IDBI Bank Posts ₹2,007 Crore Profit In Q1: Asset Quality And Earnings Improve Sharply

Updated: July 21, 2025 14:25

Image Source : CNBC TV18
IDBI Bank has reported a strong financial performance for the first quarter of FY26, with net profit rising to ₹2,007 crore, driven by improved asset quality and robust interest income. The bank’s strategic provisioning and operational efficiency continue to support its turnaround momentum.
 
Performance Snapshot For Q1 FY26
  • Net profit surged to ₹2,007 crore, reflecting sustained profitability and operational strength.
  • Interest earned stood at ₹7,021 crore, supported by healthy growth in advances and treasury income.
  • The bank wrote back ₹179 crore in provisions for nonperforming assets (NPAs), indicating improved recoveries and lower slippages.
  • Gross NPA ratio declined to 2.93 percent, showcasing enhanced asset quality and prudent credit monitoring.
Operational And Strategic Highlights
  • The writeback of provisions signals a reversal of earlier stress and better resolution outcomes.
  • Net interest margin remained stable, supported by disciplined cost of funds and yield on advances.
  • The bank’s capital adequacy and liquidity positions remain strong, enabling further growth in retail and MSME segments.
  • Continued focus on digital banking and customer acquisition is expected to drive future revenue streams.
Outlook
With improving fundamentals and a cleaner balance sheet, IDBI Bank is wellpositioned to capitalize on growth opportunities in the evolving banking landscape. Analysts expect further improvement in profitability and asset quality in the coming quarters.
 
Sources: Business Standard, Moneycontrol, Angel One, Times of India, IDBI Bank Investor Presentation.

Advertisement

STORIES YOU MAY LIKE

Image Source: Housing
Brick by Brick, Profit by Profit: PNB Housing Q1 Earnings Rise on Solid Loan Growth
Image Source: EnTrackr
Moo-ving Up! Milky Mist Sheds Fat, Bulks Up With ₹20.35 Billion IPO
Image Source: RealtynMore
East Bengaluru Levels Up: Brigade's ₹5,200 Cr Mega Mixed-Use Marvel in the Works
Advertisement
Image Source: News24
Exit Saha, Enter Jain: Bajaj Finance Brings Its Visionary MD Back Onboard
Image Source: Business Today
Power to Pause: VP Dhankhar Steps Down, Prioritising Health Over Protocol
Image Source: Facebook
Spirit Under Scrutiny: Tilaknagar Industries Caught in Crosshairs of Andhra Liquor Scam Probe
Image Source: Mukhrit
Thriving Despite Headwinds: Dhanlaxmi Bank's June Quarter Sees Robust Growth
Advertisement
Live Blogs
SBI Tags RCom Loan as Fraud, Puts Anil Ambani in RBI Crosshairs
Thrill-Seekers Assemble: APTDC Flooded with 130 Adventure Tourism Applications
Level Unlocked: Good Game Becomes World’s First As-Live Global Gaming Reality Show
From Devotion to Dynamite: Ganesh’s Mighty Avatar Steals the Show in Yours Sincerely, Raam
Top Stories
Image Source : 21BY72
India’s VC Chill Deepens: Funding Slumps as Global Capital Warms Elsewhere
Image Source: Drug Discovery
Smooth Sailing for Dr. Reddy's! USFDA Tags API Plant with ‘Voluntary Action Indicated’
Image Source: EquityBulls
From Maybachs to Mansions: Indo Borax Approves Bold ₹620 Cr Asset Reboot
Image Source: LinkedIn
Cipla Invests ₹50 Million in iCaltech — A Fresh Breath of Tech for Respiratory Care
Advertisement
Advertisement

Follow WOWNEWS 24x7 on:

Copyright 2024 WOWNEWS 24x7. All rights reserved. The WOWNEWS 24x7 is not responsible for the content of external sites. Read about our approach to external linking.

Powered By Just Imagine