IDBI Bank Ltd

IDBI Bank announced that Raj Kumar has ceased to be LIC Nominee Director on the Board of IDBI Bank with effect from 18 May2025 on completion of his term. Powered by Capital Market - Live

Net profit of IDBI Bank rose 25.38% to Rs 2087.49 crore in the quarter ended March 2025 as against Rs 1664.92 crore during the previous quarter ended March 2024. Total Operating Income declined 0.17% to Rs 6982.97 crore in the quarter ended March 2025 as against Rs 6994.70 crore during the previous quarter ended March 2024. For the full year,net profit rose 31.83% to Rs 7630.68 crore in the year ended March 2025 as against Rs 5788.11 crore during the previous year ended March 2024. Total Operating Income rose 9.35% to Rs 28917.07 crore in the year ended March 2025 as against Rs 26445.66 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Total Operating Income6982.976994.70 0 28917.0726445.66 9 OPM %65.4163.33 -68.4263.03 - PBDT2991.482092.94 43 10670.478367.46 28 PBT2991.482092.94 43 10670.478367.46 28 NP2087.491664.92 25 7630.685788.11 32 Powered by Capital Market - Live

Operating profit stood at Rs 3,194.81 crore in the fourth quarter of FY25, up 46.88% YoY. Net interest income (NII) fell by 10.79% to Rs 3,290 crore in Q4 FY25 as against Rs 3,688 crore in Q4 FY24. Net interest margin (NIM) reduced by 91 bps to 4% in Q4 FY25 as against 4.91% in Q4 FY24. Total deposits increased to Rs 3,10,294 crore as of 31 March 2025, compared to Rs 2,77,657 crore as of 31 March 2024, marking a growth of 11.75% YoY. Net advances grew by 16% YoY to Rs 2,18,399 crore as of 31 March 2025. CASA stood at Rs 1,44,479 crore as of 31 March 2025, registering a 3.17% YoY growth. However, the CASA ratio declined to 46.56% as of 31 March 2025, compared to 50.43% as of 31 March 2024. The composition of corporate versus retail in the gross advances portfolio stood at 30:70 as of 31 March 2025. Gross NPA declined 24.91% to Rs 6,695.15 crore as of 31 March 2025 as compared with Rs 8,916.84 crore as of 31 March 2024. The gross NPA ratio improved to 2.98% as of 31 March 2025, as against 4.53% as of 31 March 2024. The net NPA ratio to net advances improved to 0.15% as of 31 March 2025, as against 0.34% as of 31 March 2024. The provision coverage ratio (including technical write-offs) improved to 99.48% as of 31 March 2025 from 99.09 % as of 31 March 2024. Tier 1 Capital improved to 23.51% as of 31 March 2025, as against 20.11% as of 31 March 2024. The capital adequacy ratio (CRAR) increased to 23.51% as of 31 March 2025, as against 20.11% as of 31 March 2024. Risk-weighted assets (RWA) stood at Rs 1,93,485 crore as of 31 March 2025, as against Rs 1,76,531 crore as on 31 March 2024. During the quarter, return on assets and return on equity stood at 2.11% and 20.15%, respectively. On a full-year basis, the bank's consolidated net profit jumped 33.38% to Rs 7,515.17 crore on a 12.61% increase in revenue to Rs 33,826.02 crore in FY25 over FY24. Meanwhile, the bank's board of directors has recommended a dividend of Rs 2.10 per equity share for the financial year ended 31 March 2025. The dividend on equity shares will be paid/despatched on or after the same is approved by the shareholders at the ensuing Annual General Meeting (AGM) of the Bank. IDBI Bank is a banking company. Its segments include the corporate/wholesale banking segment, which includes corporate relationships covering deposit and credit activities other than retail and also covers corporate advisory/syndication and project appraisal. Powered by Capital Market - Live

IDBI Bank announced that the Board of Directors of the Company at its meeting held on 28 April 2025, has recommended a Final dividend of Rs.2.10 per share (i.e.21%), subject to the approval of the shareholders.Powered by Capital Market - Live

IDBI Bank will hold a meeting of the Board of Directors of the Company on 28 April 2025.Powered by Capital Market - Live

The bank's total deposits stood at Rs 3,10,293 crore in Q4 FY25, recording an 11.75% year-on-year (YoY) growth and a 9.86% quarter-on-quarter (QoQ) increase. During the quarter, net advances stood at Rs 2,18,421 crore (up 15.8% YoY and up 5.62% QoQ), while CASA deposits were at Rs 1,44,478 crore (up 3.18% YoY and up 10.37% QoQ). IDBI Bank is engaged in the business of monetary intermediation of commercial banks, saving banks, postal savings banks, and discount houses. The bank's standalone net profit jumped 30.87% to Rs 1,908.27 crore on a 13.98% rise in total income to Rs 8,564.92 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live

The Board of IDBI Bank has approved the appointment of Sat Pal Bhanoo, Managing Director of LIC as LIC Nominee Director on the Board of the bank w.e.f. 10 February 2025 for a period of three years, in place of Shri Mukesh Kumar Gupta. Accordingly, Mukesh Kumar Gupta would cease to be the LIC Nominee Director on the Board of the Bank on completion of his three years term on 09 February 2025.Powered by Capital Market - Live

Operating profit stood at Rs 2,801.92 crore in the third quarter of FY25, up 20.43% YoY. Net interest income (NII) grew by 23% to Rs 4,228 crore in Q3 FY25 as against Rs 3,435 crore in Q3 FY24. Net interest margin (NIM) improved by 45 bps to 5.17% in Q3 FY25 as against 4.72% in Q3 FY24. Total deposits increased to Rs 2,82,439 crore as on 31 December 2024 as compared with Rs 2,58,442 crore in 31 December 2024, registering a growth of 9% YoY. Net advances grew by 18% YoY to Rs 2,06,807 crore as of December 2024. CASA was at Rs 1,30,899 crore as on 31 December 2024 (up 2% YoY). CASA ratio declined to 46.35% as on 31 December 2024 as against 49.90% as on 31 December 2023. The composition of corporate versus retail in gross advances portfolio stood at 29:71 as on 31 December 2024. Gross NPA stood at Rs 7,634.75 crore as on 31 December 2024 as compared with Rs 8,589.40 crore as on 31 December 2023. Gross NPA ratio improved to 3.57% as on 31 December 2024 as against 4.69% as on 31 December 2023. Net NPA ratio to net advances improved to 0.18% as on 31 December 2024 as against 0.34% as on 31 December 2023. Provision coverage ratio (including technical write-offs) increased to 99.47% as on 31 December 2024 from 99.17% as on 31 December 2023. Tier 1 capital improved to 19.91% as on 31 December 2024 as against 18.04% as on 31 December 2023. Capital adequacy ratio (CRAR) increased to 21.98% as on 31 December 2024 as against 20.32% as on 31 December 2023. Risk weighted assets (RWA) stood at Rs 1,87,678 crore as on 31 December 2024 as against Rs 1,72,145 crore as on 31 December 2023. During the quarter, return on assets and return on equity stood at 1.99% and 20.13% respectively. Meanwhile, the private lender's board has approved the proposal to sell its entire holding of 8,54,000 shares in Pondicherry Industrial Promotion Development and Investment Corporation (PIPDIC), an associate company of the bank. These shares, with a face value of Rs 100 each, represent a 21.14% stake in PIPDIC. IDBI Bank is a banking company. Its segments include corporate / wholesale banking segment, which includes corporate relationship covering deposit and credit activities other than retail and also covers corporate advisory / syndication, project appraisal. Powered by Capital Market - Live

Net profit of IDBI Bank rose 29.14% to Rs 1948.07 crore in the quarter ended December 2024 as against Rs 1508.53 crore during the previous quarter ended December 2023. Total Operating Income rose 19.40% to Rs 7819.25 crore in the quarter ended December 2024 as against Rs 6548.98 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Total Operating Income7819.256548.98 19 OPM %69.5362.68 - PBDT2663.532034.16 31 PBT2663.532034.16 31 NP1948.071508.53 29 Powered by Capital Market - Live

IDBI Bank has received credit rating (assigned/ reaffirmed) of ICRA AA; Stable / ICRA A1+ to its infrastructure bonds and other debt facilities aggregating Rs 70,319.63 crore. Powered by Capital Market - Live