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News Topical, Digital Desk : IDBI Bank reported its business performance for the past quarter on Saturday. According to information submitted to the stock exchanges, the bank's total business grew 12% year-over-year in the September quarter. Advances also increased by 15% during this period. The impact of the bank's performance will be seen on the stock in the next trading session. Earlier, on Friday, the stock closed at 92.6, up 0.2%.
How was the bank's performance?
According to the information given by IDBI Bank Limited, the total business of the bank increased by 12% year-on-year to Rs 5,33,839 crore as on September 30, 2025, as compared to Rs 4,78,547 crore in the same period last year. As per the bank's disclosure, the total deposits increased by 9% to Rs 3,03,531 crore as on September 2025, as compared to Rs 2,77,602 crore a year ago. The CASA deposits of the bank stood at Rs 1,39,056 crore, which is 4% higher than Rs 1,33,639 crore in September 2024. Net advances increased by 15% to Rs 2,30,308 crore, as compared to Rs 2,00,944 crore in the same period last year. In the bank's first quarter results, net profit increased by 16.8% to ₹2,007.4 crore, compared to ₹1,719.3 crore in the same period last year. However, net interest income declined by 2% to ₹3,165.8 crore.
How the stock performed: The stock is currently trading below ₹93. A year ago, it was below ₹84. This means it has gained more than 10% in a year. The stock had reached a year-high of ₹106.3 at the end of June. At the beginning of the year, it had fallen to ₹66. This means the stock is currently up 40% from its lows. However, it is trading more than 12% below its year-high.
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