IDBI Bank has announced its financial results for Q3 FY25, showcasing robust growth in its net interest income (NII) and net profit. The bank’s improved performance is driven by higher income and efficient cost management.
Key Highlights:
- Total Income (Q3 FY25): Rs 8,564.92 crore, up 13.1% YoY from Rs 7,514.27 crore in Q3 FY24.
- Net Profit: Rs 1,908.27 crore, a 30.8% increase YoY compared to Rs 1,458.18 crore in Q3 FY24.
- Interest Earned: Rs 7,815.57 crore, rising from Rs 6,540.86 crore in Q3 FY24.
- Operating Profit: Rs 2,801.92 crore, up from Rs 2,326.55 crore in Q3 FY24.
- Total Expenditure: Rs 5,763.00 crore, compared to Rs 5,187.72 crore in Q3 FY24.
- Provisions (Net): Rs 165.60 crore, down from Rs 319.85 crore in the previous year’s quarter.
- NII (Q3 FY25): Rs 4,228.22 crore
- NII (Q3 FY24): Rs 3,434.47 crore
- YoY Growth: 23.1%
Detailed Financials:
| Metric | Q3 FY25 | Q3 FY24 | YoY Change |
|---|---|---|---|
| Total Income | Rs 8,564.92 crore | Rs 7,514.27 crore | 13.1% |
| Net Profit | Rs 1,908.27 crore | Rs 1,458.18 crore | 30.8% |
| Interest Earned | Rs 7,815.57 crore | Rs 6,540.86 crore | 19.5% |
| Operating Expenses | Rs 2,175.65 crore | Rs 2,081.33 crore | 4.5% |
| Total Expenditure | Rs 5,763.00 crore | Rs 5,187.72 crore | 11.1% |
| Operating Profit | Rs 2,801.92 crore | Rs 2,326.55 crore | 20.4% |
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TOPICS:
IDBI Bank