IDBI Bank Q3 Profit Rises 1.42% Despite Sharp NII Decline; Asset Quality Improves

• IDBI Bank reported a 1.42% year-on-year increase in standalone net profit to ₹1,935.45 crore for Q3 FY26.
• Net Interest Income (NII) saw a significant 24% year-on-year decline to ₹3,209.5 crore in the December quarter.
• Asset quality improved with Gross NPA decreasing to 2.57% and Net NPA to 0.18% quarter-on-quarter.
• Total deposits grew by 9% year-on-year to ₹3,07,858 crore, and net advances increased by 15% to ₹2,38,786 crore.
• The bank's Return on Equity (ROE) was 14.49% and Net Interest Margin (NIM) was 3.52% for Q3 FY26.

Why It Matters: IDBI Bank's Q3 FY26 results show profit growth and improved asset quality despite a sharp NII drop.