New Delhi, July 18 -- IDBI Bank reported a 5 per cent year-on-year rise in net profit to Rs 2,115 crore for the first quarter of FY27, supported by double-digit growth in net interest income and strong credit growth, while asset quality remained stable with gross non-performing assets (GNPA) improving to 2.30 per cent.

According to the bank's Q1 FY27 press release, "Net Profit surges to Rs.2,115 Crore for Q1 of FY27 registering a YoY growth of 5%, and QoQ growth of 9%." The bank had reported a net profit of Rs 2,007 crore in the corresponding quarter of the previous financial year.

The bank's net interest income (NII) rose 10 per cent year-on-year to Rs 3,486 crore from Rs 3,166 crore a year earlier.

Business growth remained robust dur...