IDBI Bank's Q3 results: Net profit jumps 1.4% to ₹1,935cr
What's the story
IDBI Bank has announced its financial results for the third quarter of FY26, ending December 31, 2025. The bank posted a standalone net profit of ₹1,935.45 crore during the period, marking a marginal increase of 1.42% from last year's ₹1,908.27 crore in Q3 FY25. However, the bank's net interest income (NII) saw a significant decline of 24% year-on-year to ₹3,209.5 crore during the period under review.
Financial details
Other income and tax expenses
Along with the NII decline, IDBI Bank's other income increased by about 61% year-on-year to ₹1,209 crore in Q3 FY26. The bank's tax expenses for the quarter were lower at ₹523 crore against ₹728 crore in the same period last year. The reduction in tax expenses contributed to the marginal increase in net profit despite lower NII figures.
Portfolio expansion
Advances and deposits growth
IDBI Bank's gross advances grew by a healthy 15.46% year-on-year to ₹2,38,786 crore as of December-end 2025. The bank maintained its corporate-to-retail ratio in its gross advances portfolio at 29:71. Total deposits also saw a robust growth of around 9% year-on-year to ₹3,07,858 crore by December-end last year. However, the proportion of low-cost CASA deposits fell to 44.06% of total deposits as on December 31, down from last year's figure of 46.35%.