IDBI Bank Q2 FY27 Net Profit Up 4% To ₹2,205 Crore, Operating Profit Rises 33%

IDBI Bank reported a 4% increase in net profit to ₹2,205 crore for the quarter and half year ending 30 September 2026, compared to ₹2,115 crore in Q1 FY27. Operating profit rose 33% YoY to ₹2,893 crore, up from ₹2,168 crore in the same period last year. Net interest income grew 29% YoY and 21% QoQ to ₹4,228 crore. The bank's net interest margin increased to 4.11% from 3.71% YoY, while the return on assets was 1.83%.

Cost to income ratio decreased to 48.17% from 51.60% YoY. Total business expanded 18% YoY to ₹6,27,216 crore, with total deposits up 17% to ₹3,55,684 crore and net advances increasing 18% to ₹2,71,533 crore. CASA deposits rose 12% to ₹1,55,877 crore, and the CASA ratio was 43.82%. Gross NPA ratio improved to 2.12% from 2.65%, and net NPA ratio increased to 0.17% from 0.21%.

Provision coverage ratio was 99.24%. CRAR improved to 27.10%, up from 25.39%, and Tier 1 capital stood at 26.55%, compared to 23.79% a year ago. IDBI Bank introduced a Salary Account Package for Central Government Employees and received several awards for its contributions to agriculture finance and rural development.