This Bank, which is mainly owned by Life Insurance Corporation of India with 49.24 percent holdings, is in focus as it jumped 4.37 percent following its reporting of its Q4FY25 results with robust YoY growth
Share Price Movement
With a market capitalization of Rs. 88,772 Crore, the stock of IDBI Bank opened at Rs. 81, up 0.70 percent from yesterday’s close, and after opening, it made a high of Rs. 83.95, up 4.37 percent. Additionally, the Yearly return for the stock is -10 percent, and the past 5-year return is an impressive 285 percent.
Q4 FY25 Financial Highlights
The company reported a 14.57 percent YoY increase in total income from Rs. 7,886.64 Crore in Q4FY24 to Rs. 9,035.29 Crore in Q4FY25. On a QoQ basis, the company reported an increase of 5.49 percent in revenue from Rs. 8,564.92 Crore in the previous quarter.
Their Net profit saw an increase of 25.95 percent YoY from Rs. 1,628.46 Crore to Rs. 2,051.18 Crore for the same period. On a QoQ basis, the company reported an increase of 7.48 percent in Net profit from Rs. 1,908.27 Crore in the previous quarter.
The Gross NPA for the Bank stood at 2.98 percent compared to 4.53 percent last year, and the Net NPA stood at 0.15 percent compared to 0.34 percent last year. Net interest margin stood at 4.00 percent for this year compared to 4.91 percent last year. Return on Assets (RoA) stood at 2.11 percent compared to 1.82 percent last year.
About the Company
IDBI Bank Limited, established in 1964 as the Industrial Development Bank of India, is a prominent Indian banking institution headquartered in Mumbai. Originally set up as a development financial institution to support industrial growth, it transitioned into a full-service commercial bank in 2004.
Written By Abhishek Das
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