IDBI Bank Limited – Financial Results for the Quarter and Half Year Ended September 30, 2024

IDBI Bank announced its quarterly results for Q2 FY25. The Net Profit stood at ₹1,868 crore for Q2 FY25, registering a strong growth of 39% YoY. The operating profit stood at ₹3,006 crore with a YoY growth of 45%. NIM was recorded at 4.87%, and Net Interest Income stood at ₹3,875 crore with a YoY growth of 26%. Cost of Deposit stood at 4.66% for Q2-2025 as compared to 4.22% for Q2-2024. CRAR stood at 21.98% with YoY growth of 72 bps. Return on Assets (ROA) stood at 1.97%, YoY growth of 38 bps and Return on Equity (ROE) stood at 20.35%, YoY growth of 130 bps. Net Interest Income improved by 26% in Q2-2025 to ₹3,875 crore as against ₹3,066 crore in Q2-2024. Net Interest Margin (NIM) improved by 54 bps in Q2-2025 to 4.87% as compared to 4.33% in Q2-2024. Net NPA ratio improved to 0.20% as on September 30, 2024 as against 0.39% as on September 30, 2023. PCR stood at 99.42%, YoY improvement by 32 bps.