IPDC Finance PLC reported a 35 per cent increase in net profit to Tk35.4 crore in the first nine months of 2026, driven by higher net interest income and slower growth in operating expenses.
Earnings per share (EPS) rose to Tk0.82 in January–September from Tk0.61 a year earlier, according to financial results released on Thursday.
Gross interest income increased 5.3 per cent to Tk749.1 crore, while interest expenses edged down 0.3 per cent to Tk561 crore.
As a result, net interest income climbed 26.6 per cent to Tk188 crore, marking a recovery from the pressure on interest margins during much of 2025.
Interest income from core lending operations accounted for 62 per cent of the company’s total revenue.
Investment income rose 24.2 per cent to Tk116.3 crore, while commission and brokerage income increased 13.5 per cent to Tk12.1 crore.
Total operating income grew 25.9 per cent to Tk319.8 crore, outpacing a 9.4 per cent increase in operating expenses to Tk129.1 crore.
Consequently, profit before provisions rose 40.2 per cent to Tk190.7 crore. The company also made provisions against potential risks, although it did not disclose the amount in its statement.
The improvement continued in the July–September quarter, when net profit increased 31.4 per cent to Tk14.7 crore.
Quarterly operating income rose 20.7 per cent to Tk113.4 crore, while profit before provisions grew 25.9 per cent to Tk68.1 crore.
IPDC’s deposits grew faster than its loan portfolio during the first nine months of the year.
Loans, advances and leases stood at Tk7,578.6 crore at the end of September, up 1.6 per cent from December 2025. Deposits increased 9.1 per cent to Tk6,790.9 crore, while the investment portfolio expanded 46.1 per cent to Tk1,556.4 crore.
Net operating cash flow per share improved to Tk11.38 from Tk6.99 a year earlier. Net asset value per share rose to Tk17.37 at the end of September from Tk17.00 in December 2025.
IPDC Finance Managing Director Rizwan Dawood Shams said the results reflected stronger operating performance, cost management and a focus on financial resilience.
“In a changing market environment, our priority remains to strengthen the fundamentals of our business while upholding the trust of those who place their confidence in us,” he said.
Established in 1981, IPDC provides financing and deposit services to corporate, small and medium-sized enterprise and retail customers.
The company holds an AAA credit rating from Credit Rating Agency of Bangladesh Ltd.
