IDBI Bank Reports 39% Year-on-Year Q2 Net Profit Decline
IDBI Bank reported a 39% year-on-year decline in standalone net profit for the September quarter of FY27, largely reflecting the absence of a one-time gain in the year-earlier period.
New Delhi, Oct. 18 -- IDBI Bank shares are likely to remain in focus on Monday, October 19, after the lender reported a 39% year-on-year decline in standalone net profit for the September quarter of FY27, largely reflecting the absence of a one-time gain recorded in the year-ago period.Investors wi…