News › Markets  ·  17 Oct 2026, 3:41 PM IST  ·  3 days ago

IDBI Bank Q2 net profit falls 39% to Rs 2,205 crore on lower other income

Bias: Neutral 0

In one line — IDBI Bank reported a 39% year-on-year decline in Q2 FY27 net profit to Rs 2,205 crore, mainly due to the absence of a one-time Rs 1,699 crore gain from the NSDL stake sale in the year-ago quarter. Excluding that gain, ne

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Source: Economic Times · AI-summarised by Anadi · Updated 17 Oct 2026, 4:48 PM IST

What Happened

IDBI Bank reported a 39% year-on-year decline in Q2 FY27 net profit to Rs 2,205 crore, mainly due to the absence of a one-time Rs 1,699 crore gain from the NSDL stake sale in the year-ago quarter. Excluding that gain, net profit would have risen 14%.