IDBI Bank Reports 5% Decline in Q4 Profit Amid Rising Income
IDBI Bank slips after Q4 PAT slides 5% YoY to Rs 1,943 cr
Business Standard
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IDBI Bank's standalone net profit fell 5.27% to ₹1,943.17 crore in Q4 FY26 despite a 4.14% increase in total income, reaching ₹9,409.45 crore. The bank's net interest income rose by 17% to ₹3,851 crore, indicating growth in its financial operations.
- 01Net profit decreased by 5.27% to ₹1,943.17 crore in Q4 FY26.
- 02Total income increased by 4.14% to ₹9,409.45 crore.
- 03Net interest income rose by 17% to ₹3,851 crore.
- 04Gross NPA ratio improved to 2.32% from 2.98% YoY.
- 05Full-year net profit increased by 26.59% to ₹9,513.36 crore.
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IDBI Bank's standalone net profit for the fourth quarter of FY26 decreased by 5.27% to ₹1,943.17 crore compared to the same quarter last year, despite a 4.14% rise in total income, which reached ₹9,409.45 crore. The bank's operating profit also fell by 4.74% to ₹3,043.38 crore. However, net interest income (NII) saw a significant increase of 17%, amounting to ₹3,851 crore. The net interest margin (NIM) improved to 4.15%, up from 4.00% a year earlier. As of March 31, 2026, total deposits rose by 12% to ₹3,47,163 crore, while net advances grew by 16% to ₹2,53,626 crore. The bank's gross non-performing asset (NPA) ratio improved to 2.32%, down from 2.98% in the previous year, reflecting better asset quality. On a full-year basis, IDBI Bank's net profit surged by 26.59% to ₹9,513.36 crore, supported by a 5.67% increase in total income, which reached ₹35,743.53 crore for FY26.
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The decline in net profit may affect investor confidence and could influence IDBI Bank's stock performance, potentially impacting shareholders and market perceptions.
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