Quarterly Net Profit Up 4% QoQ as Interest Income Rises 28.7% YoY

For the September quarter of FY27, IDBI Bank’s net interest income (NII) grew 28.7 percent year‑on‑year to ₹4,227 crore, with a quarter‑on‑quarter surge of 21 percent. Net interest margin (NIM) improved to 4.11 percent from 3.61 percent in the prior quarter, a rise of 50 basis points. The cost‑to‑income ratio slipped to 48.17 percent, down 385 basis points from the previous quarter, while the cost of deposits fell to 4.55 percent from 4.69 percent a year earlier.