HT Bureau
GUWAHATI, Oct 19: IDBI Bank Ltd has reported a net profit of ₹3,627 crore for the second quarter of FY2026, marking a 98% year-on-year increase.
The bank’s operating profit for the quarter stood at ₹3,523 crore.
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Net Interest Income (NII) rose to ₹3,285 crore, with the Net Interest Margin (NIM) recorded at 3.71%.
The cost of deposits was 4.69% for Q2 FY2026, compared to 4.65% in the corresponding quarter last year.
The bank’s Capital to Risk (Weighted) Assets Ratio (CRAR) improved to 25.39%, up by 341 basis points year-on-year.
Return on Assets (ROA) increased to 3.55% from 1.97% in Q2 FY2025, while Return on Equity (ROE) stood at 29.64%.
Asset quality showed further improvement, with gross NPAs declining to 2.65% from 3.68% a year ago, and net NPAs marginally up to 0.21% from 0.20% as on September 30, 2024.
The Provision Coverage Ratio (PCR) remained robust at 99.26%, compared to 99.42% in the previous year.
