IDBI Bank Q1FY27 results today: Net profit up 5% to ₹2,115 crore, business grows 15% YoY — Here’s all we know
IDBI Bank today announced its net profit in the first quarter of 2027 ₹2,115 crore, up 9% from the previous quarter (Quarter) and 5% year-on-year (YoY). ₹2,007 crore recorded in the first quarter of 2026. Operating profit realized ₹2,168 crore, he said.
The bank saw its net interest income (NII) increase by 10% ₹3,486 crore, compared to ₹3,166 crore in Q1FY26, according to its filing with the stock exchanges today. The bank’s board of directors met today and approved the financial results for the quarter ending June 30, 2026.
Business increased by 10 percent compared to the previous year
Additionally, total business volume increased by 15% on an annual basis ₹5,84,725 crore where net deposits increased by 10% YoY ₹3,25,757 crore as on June 30, 2026 ₹2,96,782 crore in the same period last year. Net advances also increased by 22% on an annual basis and reached the following level: ₹2,58,968 crore against ₹2,11,907 crore last year.
CASA (Current Account Savings Account) ₹1,42,162 crore, up 7% ₹1,32,467 crore last year. The bank reported that the CASA ratio was 43.64% as of June 30, 2026.
Gross NPAs drop to 2.30%, net NPAs see decline
In a filing to the stock exchanges on July 18, it was stated that the lender’s gross NPAs increased to 2.30% as compared to 2.93% in the previous year and 2.32% in March 2026. This represents a decline of 63 basis points year-on-year. Net NPAs decreased by 5 basis points annually to 0.16% compared to 0.21% last year.
The statement noted that the Provision Coverage Ratio (including technical charge-offs) is at 99.31%, and specifically, according to the bank, the PCR has been consistently above 99% since September 2023.
Additionally, Return on Assets (ROA) increased by 14 basis points quarter-on-quarter to 1.89%, while CRAR increased by 153 basis points on an annual basis and 27 basis points on a quarterly basis to 26.92%. The Bank’s Credit Deposit Ratio increased by 810 basis points on an annual basis and 644 basis points on a quarterly basis, reaching 79.50%.
- The bank “aims to leverage emerging technologies and innovative thinking to enhance customer experience, strengthen operational efficiency and support the future-ready transformation of banking services,” he added.
- He further added that IDBI Bank was recognized for its artificial intelligence (AI) powered i Netra system at the “Internal Audit Excellence Awards 2026”. The tool is used to strengthen internal audit processes. The bank said it was committed to “leveraging advanced technology to increase audit effectiveness, improve risk oversight and set new benchmarks in innovation-driven internal auditing.”
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