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IDBI Bank profit nearly doubles on year thanks to NSDL IPONearly 47% of the profit came from the sale of shares in the NSDL IPO concluded in the last quarter.By Sriram Iyer   October 18, 2025, 4:04:06 PM IST (Updated)2 Min ReadChoose  CNBC TV18 on Google

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Mumbai-based IDBI Bank Ltd reported a 98% jump in net profit, year-on-year, amounting to ₹3,627 crore at the end of the second quarter ending September 2025.

A big chunk, about ₹1,699 crore, of the added profit came from the sale of 11.11% stake in the National Securities Depositories Limited (NSDL) through the initial public offering (IPO).

Without the one-time gain, IDBI Bank's profit would stand at ₹1,928 crore, up 5% year-on-year, and a little less than the ₹2,007 crore clocked in the preceding quarter.

The $11 billion lender has seen its quarterly margin shrink, when compared to the same period a year earlier, four times in a row at the end of September.

Here's a snapshot of the latest Q2 numbers: 

MetricQ2 FY2025YoY ChangeNet Profit₹3,627 crore98%Operating Profit₹3,523 crore17%Net interest margin3.71%down 116 bps (YoY), up 3 bps (QoQ)Total Deposits₹3,03,510 crore9%Net Advances₹2,30,220 crore15%ROA (Return on Assets)3.55%+158 basis points (bps)CRAR (Capital to Risk-weighted Assets Ratio)25.39%+341 bpsGross NPA (Non-Performing Assets)2.65%-103 bpsNet NPA0.21%StableProvision coverage ratio99.26% Down 5 bps (QoQ)

Interestingly, the banks cost of funds decreased 5 basis points to 4.82% in Q2, despite a 4 basis point increase in the cost of deposits.

Low-cost deposits, as measured by the current account, savings account (CASA) ratio, stood at ₹1.39 lakh crore, about 45.8% of total deposits, significantly down from 48.1% at the same time last year.

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Ultratech reveals ₹10,000 crore fresh capex, shifts focus to the NorthContinue ReadingFirst Published: Oct 18, 2025 3:17 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsearningsIDBI Bankshare market today