On April 28, IDBI Bank unveiled its impressive financial results for the fourth quarter of FY25, showcasing a consolidated net profit of ₹2,072 crore. This figure reflects a remarkable 25.2% increase year-over-year, rising from ₹1,655.09 crore in the corresponding quarter of the previous year. The announcement also included a dividend for shareholders, which contributed to a notable surge in IDBI Bank’s stock price.
Strong Performance in Q4 FY25
During the January to March 2025 quarter, IDBI Bank recorded a consolidated net profit of ₹2,072 crore, marking a substantial growth of 25.2% compared to the previous year’s figure of ₹1,655.09 crore. The bank’s interest income for this quarter amounted to ₹6,982.97 crore, showing consistency with ₹6,994.70 crore from the same quarter last year. However, it was the surge in other income that significantly bolstered net profits.
- Other income for Q4 stood at ₹2,106.84 crore, a stark increase from ₹961.25 crore reported in Q4 of 2024.
- Standalone net profit for IDBI Bank reached ₹2,051.18 crore, reflecting a 26% increase from ₹1,628.46 crore in the prior year.
Dividend Declaration
In conjunction with its robust financial results, IDBI Bank’s Board of Directors has recommended a dividend of ₹2.10 per equity share, based on a face value of ₹10. This dividend pertains to the financial year ending March 31, 2025, and is set to be distributed following approval at the upcoming Annual General Meeting (AGM).
IDBI Bank’s Share Price Reaction
The market responded positively to the earnings release. On Monday, IDBI Bank shares opened at ₹80.51 on the BSE, slightly above the previous closing of ₹80.46. Following the announcement of the Q4 results, the stock price climbed to an intraday peak of ₹83.95, achieving gains of over 4%.
This impressive financial performance and the subsequent rise in share price underscore IDBI Bank’s strong position in the banking sector, making it a key player to watch in the upcoming quarters.
