IDBINSEIDBI BANK LIMITED· BanksHighNeutral
Announced Sat, 18 Jul · 15:16 IST

IDBI Bank Q1 FY27 standalone net profit at about Rs 2,115 crore

IDBI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

IDBI Bank posted Q1 FY27 standalone net profit of about Rs 2,115 crore, up roughly 5% from Rs 2,007 crore in Q1 FY26. Total income rose slightly to Rs 8,573 crore from Rs 8,458 crore. Profit before provisions fell to Rs 2,168 crore as provisions rose to about Rs 690 crore versus a reversal last year. Joint auditors issued an unmodified review. Bank transferred Rs 1,278 crore from Investment Fluctuation Reserve to General Reserve per RBI directive.

Likely market impact

Modest profit growth with lower pre-provision profit; IFR transfer is a one-time reclassification. No audit qualifications.