IDBI Bank's Q2 net profit drops 39% to ₹2,205 crore
IDBI Bank reported a 39% drop in second-quarter 2026 net profit to ₹2,205 crore as non-interest income moderated, according to TradingView coverage.
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what happened
LIC-controlled IDBI Bank said on Saturday that its net profit for the quarter ended September 2026 fell 39% to ₹2,205 crore. The decline was attributed to softer non-interest income.
A year earlier the bank earned ₹3,627 crore, a figure that included a one-off ₹1,699 crore gain from selling its strategic stake in NSDL. The results were reported by TradingView.
why it matters
The comparison is distorted by last year's one-off gain, so part of the drop reflects a non-recurring item in the base period. Investors typically look at core operating income to judge the lender's underlying momentum. The news mainly affects IDBI Bank shares and sentiment toward India's banking sector.
market impact
IDBI Bank and Indian banks: weaker profit pressures the lender's shares and sector sentiment
tags
instruments
sources
- IDBI Bank Q2 results: Net profit falls 39% to ₹2,205 cr as non-interest income moderates — ru.tradingview.com, 17 October 2026 at 11:52 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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