Q2FY23 Quarterly Result Announced for IDBI Bank Ltd.
IDBI Bank announced Q2FY23 results: Net profit at Rs 828 crore, growth of 46% YoY and 10% QoQ. Operating Profit at Rs 2,208 crore, growth of 64% YoY and 8% QoQ. NII stood at Rs 2,738 crore, growth of 48% YoY and 10% QoQ. NIM at 4.37%, growth of 135 bps YoY and 35 bps QoQ. Cost to Income Ratio at 42.29%, reduction of 1014 bps YoY and 115 bps QoQ. CASA ratio at 56.19%, growth of 156 bps YoY and 54 bps QoQ. Return on Assets (ROA) at 1.09%, growth of 30 bps YoY and 6 bps QoQ. Return on Equity (ROE) at 15.21%, growth of 230 bps YoY and 41 bps QoQ. Net NPA at 1.15%, reduction of 56 bps YoY and 10 bps QoQ. Gross NPA at 16.51%, reduction of 534 bps YoY and 339 bps QoQ. PCR stood at 97.86% as against 97.27% on September 30, 21 and 97.79% on June 30, 22. Result PDF21-10-2022