IDBI Bank Limited

Financial Results Overview

Standalone Performance (₹ in Crore)

Quarter Ended September 30, 2026:

  • Interest earned: ₹8,512.15
  • Other income: ₹1,352.97
  • Total income: ₹9,865.12
  • Interest expended: ₹4,284.46
  • Operating expenses: ₹2,688.15
  • Operating profit: ₹2,892.51
  • Provisions and contingencies (net): ₹8.55 (reversal)
  • Profit before tax: ₹2,883.96
  • Tax expense: ₹678.51
  • Net profit: ₹2,205.45

Half Year Ended September 30, 2026:

  • Total income: ₹18,438.13
  • Net profit: ₹4,320.63

Comparative Figures (Quarter):

  • Q2 FY26 net profit: ₹3,627.36
  • Q1 FY26 net profit: ₹2,115.18

Key Ratios and Metrics

  • Capital Adequacy Ratio (Basel III): 27.10% (CET 1 Ratio: 26.55%)
  • Gross NPA: ₹5,859.85 crore (2.12% of gross advances)
  • Net NPA: ₹460.94 crore (0.17% of net advances)
  • Net Interest Margin: 4.11% (annualized)
  • Return on Assets: 1.83% (annualized)
  • Earnings Per Share (Basic): ₹2.05
  • Government of India shareholding: 45.48%

Segment-wise Performance (Standalone)

Quarter Ended September 30, 2026 (₹ in Crore):

  • Corporate/Wholesale banking: Revenue ₹2,911.56, Profit ₹1,247.43
  • Retail banking: Revenue ₹10,088.00, Profit ₹764.94
  • Treasury: Revenue ₹3,679.29, Profit ₹775.88
  • Other banking operations: Revenue ₹91.78, Profit ₹68.89

Cash Flow Statement (Standalone)

Half Year Ended September 30, 2026:

  • Cash flow from operating activities: ₹5,031.45 crore
  • Cash flow from investing activities: (₹174.52) crore
  • Cash flow from financing activities: (₹41.99) crore
  • Net increase in cash & cash equivalents: ₹4,815.26 crore

Consolidated Financial Results

Quarter Ended September 30, 2026:

  • Total income: ₹9,936.38 crore
  • Net profit: ₹2,214.45 crore (after minority interest)
  • EPS: ₹2.06

Auditors' Review

Limited review report issued by joint statutory auditors Chokshi & Chokshi LLP and Suri & Co. confirming compliance with AS 25, RBI guidelines, and SEBI LODR regulations. The review did not cover Pillar 3 disclosures available on the bank's website.

Key Notes and Disclosures

Asset Quality and Provisions

  • Provision Coverage Ratio (including Technical Write-Offs): 99.24% as of September 30, 2026
  • Bank maintained 100% provision on carrying value of investments of ₹3,521.64 crore in Security Receipts
  • Regulatory provision of ₹152.38 crore held for Resolution Framework 1.0 and 2.0
  • Additional provision of ₹973.20 crore made for restructured Retail and MSME accounts

Significant Transactions

  • During Q2 FY25, the bank offered 2,22,20,000 equity shares (11.11% stake) in NSDL through OFS, booking net gain of ₹1,698.91 crore
  • Investment Fluctuation Reserve of ₹1,277.83 crore transferred to General Reserve during H1 FY27

Subsidiaries and Associates

Consolidated results include:

  • Subsidiaries: IDBI Capital Markets & Securities Limited, IDBI Intech Limited, IDBI MF Trustee Company Limited, IDBI Asset Management Limited, IDBI Trusteeship Services Limited
  • Associates: Biotech Consortium India Limited (27.93%), North Eastern Development Finance Corporation Limited (25%)
  • New subsidiary IDBI Foundation incorporated on May 19, 2026 for CSR initiatives (excluded from consolidation)

Co-Lending Arrangements

  • 9 CLA partners with 19,053 loan accounts
  • Amount outstanding: ₹607.03 crore
  • Weighted Average ROI: 9.04%
  • Standard loans: ₹592.09 crore, NPA: ₹14.94 crore

Project Finance Disclosure

29 projects under implementation with aggregate exposure of ₹1,701.96 crore

3 accounts with exposure of ₹42.83 crore undergoing resolution process