IDBI Bank’s standalone net profit for the December quarter of the current financial year (Q3 FY26) declined by 46.6% compared to the previous quarter. The bank recorded a profit of Rs 1,935.45 crore for the quarter ending December 31, down from Rs 3,627.36 crore in the July–September quarter (Q2) of FY26.
Despite the quarterly decline, the bank’s profit saw a 1.42% increase on a year-on-year basis. In the same period last financial year (Q3 FY25), the bank reported a profit of Rs 1,908.27 crore, according to its stock exchange filing.
During the quarter, the bank faced pressure on its core income. Net interest income fell by 24% year-on-year to Rs 3,209.5 crore, down from Rs 4,228.2 crore in the corresponding quarter of the previous financial year.
The bank’s asset quality showed improvement on a quarter-on-quarter basis. Gross non-performing assets decreased to 2.57% of total advances by the end of December 2025, compared to 2.65% at the end of September 2025. Net NPAs also decreased to 0.18% from 0.21% in the previous quarter, as per regulatory filings.
Total deposits at IDBI Bank grew to Rs 3,07,858 crore as of December 31, 2025, showing a year-on-year growth of 9% from Rs 2,82,439 crore a year earlier. CASA deposits stood at Rs 1,35,632 crore with a CASA ratio of 44.06%, lower than the previous year’s CASA deposits of Rs 1,30,899 crore with a CASA ratio of 46.35%.
On the lending side, net advances increased to Rs 2,38,786 crore by the end of December 2025, up from Rs 2,06,807 crore a year earlier. The provision coverage ratio, including technical write-offs, remained strong at 99.33% as of December 31, 2025, slightly lower than the 99.47% recorded a year ago.
Shares of IDBI Bank closed 0.3% lower on the BSE at Rs 104.55 apiece on Friday.
