IDBI Bank FY25 profit surges 33%, board proposes dividend

** IDBI Bank (BSE:IDBI) today announced its audited financial results for the quarter and fiscal year ended March 31, 2025, revealing a 33% year-on-year surge in net profit, reaching ₹7,515 crore. This surge was propelled by significant growth in key areas, with total deposits climbing 12% to INR ₹3,10,294 Cr and net advances expanding 16% to INR ₹2,18,399 Cr. The bank's asset quality also improved, with gross NPA declining to 2.98% and net NPA falling to 0.15%. Consequently, Provision Coverage Ratio (PCR) reached 99.48%. Bolstering its financial strength, IDBI Bank's Capital Adequacy Ratio (CRAR) stood at 25.05%, a 279 bps improvement YoY. The Board of Directors has proposed a final dividend of INR ₹2.10 per share (1.5 per share previous year), subject to shareholder approval. The bank also received an income tax refund of INR₹822.34 Cr for financial year 2024-25. Additionally, IDBI Bank has revalued its immovable properties, resulting in an increase of INR₹2854.62 Cr, which has been credited to the Revaluation Reserve.