IDBI Bank Q1 Results: Net profit grows 5% YoY to Rs 2,115 crore, NII climbs 10%

IDBI Bank reported a 5% YoY rise in net profit to Rs 2,115 crore for Q1 FY27, with net interest income climbing over 10% YoY to Rs 3,486 crore. Net advances grew 22% YoY to Rs 2.59 lakh crore while deposits rose 10% YoY to Rs 3.26 lakh crore, pushing the credit-deposit ratio to 79.5%. Asset quality improved YoY with net NPA at 0.16% and capital adequacy strengthened to 26.92%, supported by negative provisions of Rs 637 crore indicating write-backs.