IDBI Bank's Q2 profit falls 39% to ₹2,205 crore against a year-ago ₹1,699 crore NSDL gain

What happened

• Net profit was ₹2,205 crore against ₹3,627 crore. The year-ago quarter included a one-off gain of ₹1,699 crore from the sale of NSDL, and profit excluding it rose 14%, per BusinessToday.
• Net interest income rose 29% to ₹4,228 crore, per BusinessToday and Zeebiz. BusinessToday gave the net interest margin as 4.11%.
• Gross NPA fell to 2.12%, 53 basis points lower than a year earlier, per BusinessToday.
• The Cabinet approved Fairfax Financial Holdings' purchase of a 60.72% stake for ₹52,878.08 crore on 15 October, per Sahi. The shares closed at ₹84.12 on Friday, up 0.80%, per Zerodha Kite.

Why it matters

The 39% fall in profit is a comparison with a year earlier that included the NSDL gain; BusinessToday puts growth without it at 14%.

Good to know: A basis point is one-hundredth of a percentage point, so a 53 basis point fall in gross NPA means the ratio dropped by 0.53 percentage points.

Key facts

Net profit

₹2,205 crore (₹3,627 crore), down 39%

Year-ago NSDL gain

₹1,699 crore (per BusinessToday)

Net interest income

₹4,228 crore, up 29%

Gross NPA

2.12% (per BusinessToday)

Read the source

• IDBI Bank Q2 net profit falls 39% to Rs 2,205 crore on year ago's one off gainBusinessToday
• IDBI Bank Q2 Results: PAT falls 39%, NII up 29% at Rs 4,228 croreZeebiz
• IDBI Bank: Government Approves Fairfax Stake Purchase For ₹528.78 BillionSahi

IDBI Bank in the news before

1. 15 OCT 2026 · EVENING · DEALS & FUNDINGCabinet committee clears sale of 60.72% of IDBI Bank to Fairfax for ₹52,878 crore