IDBI Bank Q2 FY27 Net Profit Rises 4% to ₹2,205 Crore; Operating Profit Jumps 33%

IDBI Bank Ltd announced its Q2 FY27 financial results with net profit standing at ₹2,205 crore, representing a 4% quarter-on-quarter increase from ₹2,115 crore in Q1 FY27. The bank's operating profit for the quarter reached ₹2,893 crore, marking a significant 33% QoQ increase from ₹2,168 crore in the previous quarter.

Net Interest Income rose to ₹4,228 crore in Q2 FY27, reflecting 29% year-on-year and 21% quarter-on-quarter growth. Net Interest Margin improved to 4.11%, up 40 basis points annually and 50 basis points quarterly. The cost-to-income ratio improved substantially to 48.17%, declining 385 basis points QoQ. Return on Assets was recorded at 1.83%.

Total business grew 18% year-on-year to ₹6,27,216 crore as of 30 September 2026. Deposits increased 17% annually to ₹3,55,684 crore, while net advances rose 18% to ₹2,71,533 crore. CASA deposits climbed 12% year-on-year to ₹1,55,877 crore. Asset quality improved with Gross NPA ratio at 2.12% and Net NPA at 0.17%, while Provision Coverage Ratio stood at 99.24%.

Capital adequacy strengthened with CRAR improving to 27.10% from 25.39% year-on-year, and Tier 1 Capital reaching 26.55%.