IDBI Bank releases Consolidated Quarterly Results for March 31, 2023. IDBI Bank has announced an increase in total income from Rs. 6152.43 Crores as of December 31, 2022, to Rs. 7133.43 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 944.82 Crores as of December 31, 2022, to Rs. 1216.81 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 0.88 on December 31, 2022, to Rs. 1.13 on March 31, 2023, according to the company’s statement.
IDBI Bank Quarterly Results (Q4 FY2023) – Quarter-over-Quarter Comparison:
Total income of the company is Rs. 7133.43 Crores (March 31, 2023) vs. Rs. 6152.43 Crores (December 31, 2022)
Net profit/loss: Rs. 1216.81 Crores (March 31, 2023) vs. Rs. 944.82 Crores (December 31, 2022)
EPS: Rs. 1.13 (March 31, 2023) vs. Rs. 0.88 (December 31, 2022)
| Financials | Q4 FY2023 | Q3 FY2023 | % Change |
| Total Income | ₹ 7133.43 Cr | ₹ 6152.43 Cr | ⬆ 15.94% |
| Net Profit | ₹ 1216.81 Cr | ₹ 944.82 Cr | ⬆ 28.79% |
| EPS | ₹ 1.13 | ₹ 0.88 | ⬆ 28.41% |
IDBI Bank Quarterly Results (Q4 FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 7133.43 Crores (March 31, 2023) vs. Rs. 5531.39 Crores (March 31, 2022)
Net profit/loss: Rs. 1216.81 Crores (March 31, 2023) vs. Rs. 734.66 Crores (March 31, 2022)
EPS: Rs. 1.13 (March 31, 2023) vs. Rs. 0.68 (March 31, 2022)
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹ 7133.43 Cr | ₹ 5531.39 Cr | ⬆ 28.96% |
| Net Profit | ₹ 1216.81 Cr | ₹ 734.66 Cr | ⬆ 65.63% |
| EPS | ₹ 1.13 | ₹ 0.68 | ⬆ 66.18% |
IDBI Bank Quarterly Results (Year Ended FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 25166.91 Crores (March 31, 2023) vs. Rs. 23235.02 Crores (March 31, 2022)
Net profit/loss: Rs. 3706.06 Crores (March 31, 2023) vs. Rs. 2533.67 Crores (March 31, 2022)
EPS: Rs. 3.45 (March 31, 2023) vs. Rs. 2.36 (March 31, 2022)
| Financials | 12 Months Ended FY2023 | 12 Months Ended FY2022 | % Change |
| Total Income | ₹ 25166.91 Cr | ₹ 23235.02 Cr | ⬆ 8.31% |
| Net Profit | ₹ 3706.06 Cr | ₹ 2533.67 Cr | ⬆ 46.27% |
| EPS | ₹ 3.45 | ₹ 2.36 | ⬆ 46.19% |
| Asset Quality | Q4 FY2023 | Q3 FY2023 | Q4 FY2022 |
| Gross NPA | ₹ 10969.29 Cr | ₹ 23535.06 Cr | ₹ 34114.83 Cr |
| Gross NPA % | 6.38% | 13.82% | 20.16% |
| Net NPA | ₹ 1494.74 Cr | ₹ 1595.63 Cr | ₹ 1863.51 Cr |
| Net NPA % | 0.92% | 1.08% | 1.36% |
The gross NPA of IDBI Bank was ₹ 10969.29 Crorse in Q4 FY2023, down from ₹ 34114.83 Crorse in Q3 FY2022 and ₹ 23535.06 Crorse in Q3 FY2023.
Net NPA was ₹ 1494.74 Crorse in Q4 FY2022, a decrease from ₹ 1863.51 Crorse in Q3 FY2022 and ₹ 1595.63 Crorse in Q3 FY2023.
As of March 31, 2023, GNPA was 6.38% of Gross advances, compared to 20.16% on March 31, 2022, and 13.82% on December 31, 2022.
As of March 31, 2023, Net NPA was 0.92% of Gross advances, a decrease from 1.36% on March 31, 2022, and 1.08% on December 31, 2022.
| Ratios | Q4 FY2023 | Q3 FY2023 | Q4 FY2022 |
| RoA % | 1.43% | 1.22% | 0.95% |
| CAR (BASEL III) % | 20.58% | 20.28% | 19.21% |
IDBI Bank Q4 FY2023 Return on Average Assets (RoA) was 1.43%, up from 1.22% in Q3 FY2023 and 0.95% in Q3 FY2022.
In Q4 FY2023, the Bank’s Capital Adequacy Ratio (CAR) was 20.58%, from 20.28% in Q3 FY2023 and 19.21% in Q4 FY2022.
IDBI Bank Share Dividend Announcement / Record Date:
The dividend’s record date has not yet come
About IDBI Bank:
Established in 1964 as the Industrial Development Bank of India, IDBI Bank Limited is a development finance institution that offers financial services to the industrial sector. It is currently owned by both the Government of India and the Life Insurance Corporation of India.
Download Full PDF Q4 Results IDBI Bank :
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