IDBI Bank Q1 results 2026: Net profit rises 5% YoY to ₹2,115 crore, NII up 10%

IDBI Bank announced its financial results for the quarter ending on 30 June, 2026, on Monday. IDBI Bank share price fell over 1.11% to ₹86.05 apiece after the result announcement.

The private lender reported 5% year-on-year (YoY) growth in net profit, rising to ₹2,115 crore for the first quarter of FY27, driven by healthy growth in net interest income (NII) and advances, while maintaining stable asset quality with an improvement in gross non-performing assets (GNPA) to 2.30%.

According to the company's release, the bank reported a net profit of ₹2,007 crore in the corresponding quarter of the previous financial year.

Net interest income grew 10% YoY to ₹3,486 crore during the quarter, compared with ₹3,166 crore in the corresponding period of the previous fiscal.

The bank also recorded strong business growth, with total business rising 15% YoY to ₹5,84,725 crore. Total deposits increased 10% to ₹3,25,757 crore, while net advances jumped 22% to ₹2,58,968 crore, reflecting sustained momentum in credit growth.

The bank's CASA deposits rose 7% year-on-year to ₹1.42 lakh crore as of June 30, 2026, compared with ₹1.32 lakh crore a year earlier. The CASA ratio stood at 43.64% at the end of the June quarter.

Meanwhile, net advances increased 22% year-on-year to ₹2.59 lakh crore from ₹2.12 lakh crore in the corresponding period last year and registered a 2% quarter-on-quarter growth from ₹2.54 lakh crore as of March 31, 2026.

The bank saw its Gross Non-Performing Assets (GNPA) ratio declining to 2.30%, marking a 63 basis points YoY. The Net Non-Performing Assets (NNPA) ratio also improved to 0.16%, reflecting a 5 basis points reduction compared to the same period last year.

The bank's net NPA ratio improved to 0.16% as of June 30, 2026, from 0.21% a year earlier. Meanwhile, the Provision Coverage Ratio (PCR), including technical write-offs, stood at 99.31% as of June 30, 2026, and has consistently remained above 99% since September 2023.

The bank's Capital to Risk-Weighted Assets Ratio (CRAR) improved to 26.92% as of June 30, 2026, compared with 25.39% a year earlier and 26.65% as of March 31, 2026.

IDBI Bank's Tier 1 Capital ratio rose to 26.38% as of June 30, 2026, from 23.71% on June 30, 2025, and 25.56% on March 31, 2026.

Meanwhile, Risk Weighted Assets (RWA) increased to ₹2.31 lakh crore as of June 30, 2026, from ₹1.93 lakh crore in the corresponding period last year.

Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.

Vaamanaa covers business and stock market news. Started in 2020, she has been producing news on digital platforms for over 4.5 years now. She writes on markets, commodities, IPOs, and industry. She has worked for news channels like Jagran New Media and Business Insider India. You can reach out to her at vaamanaa.sethi@htdigital.in.

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