The bank posted a net profit of ₹1,943.2 crore for Q4FY26, down 5.3% from ₹2,051.2 crore in the same period last year. However, net interest income showed strength, rising 17% year-on-year to ₹3,851.5 crore from ₹3,290 crore.
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Shares of IDBI Bank Ltd. slipped in trade on Thursday, April 30, after the lender reported a mixed set of numbers for the March quarter.
The bank posted a net profit of ₹1,943.2 crore for Q4FY26, down 5.3% from ₹2,051.2 crore in the same period last year. However, net interest income showed strength, rising 17% year-on-year to ₹3,851.5 crore from ₹3,290 crore.
On the asset quality front, the bank saw further improvement. Gross non-performing assets eased to 2.32% from 2.57% in the previous quarter, while net NPAs narrowed to 0.15% from 0.18% sequentially.
Shares were trading 1.55% lower at ₹75.56 following the results announcement. The stock has declined 27% so far this year.
