New Delhi, July 22 -- IDBI Bank share price inched higher on Tuesday after the lender reported its Q1 results, with steady profit growth and improvement in asset quality. IDBI Bank shares gained as much as 1.07% to Rs.98.30 apiece on the BSE.

IDBI Bank reported a standalone net profit of Rs.2,007 crore for the quarter ended June of FY26, registering a growth of 17% from Rs.1,719 crore in the year-ago quarter. The banks' operating profit in Q1FY26 increased 13% to Rs.2,354 crore from Rs.2,075.5 crore, year-on-year (YoY).

Net interest income (NII) during the June quarter fell to Rs.3,166 crore from Rs.3,233 crore, YoY, while net interest margin (NIM) dropped 50 bps to 3.68% from 4.18% YoY.

Asset quality of the bank showed robust improvem...