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Finance & Markets

IDBI Bank Q2 results: Net profit tanks 39% YoY to Rs 2,205 crore; NII dips 49% YoY

IDBI Bank reported a 39% year-on-year profit decline to Rs 2,205 crore in Q2 FY27, impacted by a one-off gain in the previous year. Excluding this, profit rose 14%. Asset quality improved, deposits grew 17%, advances increased 18%, and net interest margins strengthened sequentially to 4.11%.

We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

More in Finance & Markets

Batchwise: Turning Messy Food Business Expenses into Real Profit Insights 🇮🇳

Every batch. Every cost. Every rupee. What if a home baker or a small snack seller could stop guessing their profits and actually understand the numbers behind every production batch?

  • Batchwise AI tool for small food businesses
  • Records ingredient costs, labor, packaging, transportation
  • Calculates product costs, profit margins, break-even points

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