India's IDBI Bank gains after fourth-quarter profit rises

IDBI Bank

28/04/2025 11:00

** Shares of IDBI Bank IDBI.NS rise 2.7% to 82.61 rupees

** Bank's Q4 net profit rises 26% Y/Y to 20.51 bln rupees ($241.3 mln)

** Q4 gross NPA stood at 2.98% vs 3.57% in Q3

** IDBI set to snap three-session losing streak

** Trading vols at 12.5 mln shares, 1.8x the 30-day average

** IDBI up 8% YTD

($1 = 84.9870 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))