Q2 FY27 results: Net profit Rs.2,205 Cr, NIM 4.11%, Gross NPA 2.12%
IDBI Bank Q2 FY27 press release, Board approved on October 17, 2026.
By ScoutQuest · · 2 min read
- Net profit
- ₹2,205 Cr, up 4% QoQ
- Operating profit
- ₹2,893 Cr, up 33% QoQ
- NIM
- 4.11%, up 50 bps QoQ
Results in one line
IDBI Bank's press release on the September-quarter results shows profit, core income and business volumes growing over the previous quarter, with margins holding up and asset quality ratios at low levels. Net profit was ₹2,205 Cr for Q2 FY27, up 4% over Q1 FY27. Against the same quarter a year earlier the headline is lower, because that quarter included a one-off gain; the release separately gives the growth excluding it.
Profit and income
- Operating profit ₹2,893 Cr, up 33% QoQ
- Net interest income ₹4,228 Cr, up 29% YoY and 21% QoQ
- Net interest margin (NIM) 4.11%, up 40 bps YoY and 50 bps QoQ
- Cost of deposit 4.55%, down 14 bps YoY
- Cost to income ratio 48.17%
- Return on assets 1.83%
Why the year-on-year numbers need care
The year-ago quarter (Q2 FY26) included a one-off gain of ₹1,699 Cr from the sale of a strategic investment (NSDL). That quarter's operating profit was ₹3,523 Crores and net profit ₹3,627 Crores. Excluding that one-off gain, the release states the year-on-year increase is 59% in operating profit and 14% in net profit for Q2 FY27.
Business growth
- Total business ₹6,27,216 Cr, up 18% YoY and 7% QoQ
- Total deposits ₹3,55,684 Cr, up 17% YoY and 9% QoQ
- Net advances ₹2,71,533 Cr, up 18% YoY and 5% QoQ
- CASA ₹1,55,877 Cr, up 12% YoY and 10% QoQ
- CASA ratio 43.82%
- Net worth ₹61,164 Cr
- Corporate versus retail mix in gross advances: 31:69
Asset quality
- Gross NPA ratio 2.12% as on September 30, 2026, against 2.65% a year earlier
- Net NPA ratio 0.17%, against 0.21% a year earlier
- Provision coverage ratio (including technical write-offs) 99.24%; the release says it has stayed above 99% since September 2023
Capital position
- CRAR 27.10%, against 25.39% a year earlier
- Tier 1 capital 26.55%, against 23.79%
- Risk weighted assets ₹2,37,228 Cr
Other points in the release
- The Bank launched a Salary Account Package for Central Government Employees.
- It was conferred the 17th Development Leadership Award 2026 by the Agriculture Today Group.
- It received the Finnoviti 2026 Award for Integrated Audit, and audit-related recognitions at the Outlook Business Spotlight Enterprise & Leadership Awards 2026 and the Internal Audit Excellence Awards 2026 of the Institute of Internal Auditors (IIA), Madras Chapter.
Takeaway for a retail reader
The quarter shows growth in deposits, advances and margins together with low net NPA and a high provision cover. The large year-on-year swings in headline profit should be read together with the note on the one-off gain in the year-ago quarter, which the release itself quantifies.
Also from IDBI Bank
Crisil AA placed on Watch Positive; Crisil A1+ reaffirmed on Rs.40000 crore certificate of deposit programme
24 Oct 2026
IDBI Bank reports healthy quarter overall but profit down 39% due to high base from prior one-time gains
19 Oct 2026
IDBI Bank posted healthy Q2 results with strong NII growth, though PAT declined due to a high base from one-time NSDL sale gains last year
19 Oct 2026
More numbers
- Net profit, Q2 FY27₹2,205 Cr
- Operating profit, Q2 FY27₹2,893 Cr
- Net interest income, Q2 FY27₹4,228 Cr
- Net interest margin (NIM), Q2 FY274.11%
- Gross NPA ratio2.12%
- Net NPA ratio0.17%
- Total business₹6,27,216 Cr
- CRAR27.10%
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