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IDBI Bank Q2 Net Profit Falls 39% to Rs 2,206 Crore

IDBI Bank reported second-quarter FY27 net profit of Rs 2,206 crore, down 39% year over year from Rs 3,627 crore. Net interest income rose 29%, while gross asset quality improved.

IDBI

IDBI Bank reported on Saturday that net profit for the second quarter of FY27 fell 39.2 percent year on year to Rs 2,206 crore, from Rs 3,627 crore in the same period last year. Net interest income (NII) rose sharply, while gross asset quality improved sequentially.