IDBI Bank Q1FY27 results today: Net profit up 5% to ₹2,115 crore, business grows 15% YoY — Here's all we know
IDBI Bank reported a net profit of ₹2,115 crore for Q1FY27, marking a 5% increase year-on-year and a 9% rise quarter-on-quarter. The bank's total business grew 15% year-on-year to ₹5,84,725 crore, driven by a 10% increase in net deposits and a 22% rise in net advances. Additionally, the gross non-performing assets (NPAs) improved to 2.30%, down from 2.93% a year earlier, reflecting better asset quality management.