The Gross NPA ratio improved to 2.93% as against 3.87% as on June 30, 2024. Net NPA ratio also improved to 0.21% as against 0.23% a year ago.
| Photo Credit: ADNAN ABIDI
IDBI Bank Ltd. for the first quarter ended June 30, 2025 reported 17% growth in net profit at ₹2,007 crore as against ₹1,719 crore in the year ago period.
Net Interest Income for the quarter reduced to ₹3,166 crore from ₹3,233 crore in the same period last year.
Net Interest Margin (NIM) also reduced to 3.68% from 4.18% in the year ago period.
The cost of deposit also grew to 4.84% as compared with 4.58% a year ago. Cost of Funds stood at 4.98% as compared to 4.81% in Q1FY25.
Total deposits increased 7% Year on Year (YoY) to ₹2,96,868 crore and net advances grew 9% YoY to ₹2,11,907 crore
The composition of corporate v/s retail in gross advances portfolio stood at 30:70 as on June 30, 2025.
The Gross NPA ratio improved to 2.93% as against 3.87% as on June 30, 2024. Net NPA ratio also improved to 0.21% as against 0.23% a year ago.
Provision Coverage Ratio (including Technical Write-Offs) stood at 99.31% from 99.34% a year ago.
The Risk Weighted Assets (RWA) stood at ₹1,92,965 crore as against ₹1,77,755 crore as on June 30, 2024.
Published – July 21, 2025 08:28 pm IST