IPDC Finance PLC, Bangladesh’s first private-sector finance company, reported a strong 78.52 per cent increase in net profit after tax for the first quarter of 2026, reaching Tk6.5 crore.
The strong performance marks a significant recovery, driven by improved net interest income, strong investment returns, and tight cost control, the non-bank financial institution said.
Earnings per share rose to Tk0.16, up from Tk0.09 in the same period last year, reflecting enhanced profitability.
Operating income for the quarter grew by 24.40 per cent year-on-year to Tk94.2 crore, despite facing a challenging macroeconomic environment.
Gross interest income increased by 6.01 per cent to Tk242.5 crore, supported by steady asset deployment and disciplined lending. Interest expenses saw a modest rise of 1.74 per cent to Tk184.4 crore, benefiting from reduced funding costs.
As a result, net interest income expanded by 22.33 per cent to Tk58.1 crore.
Investment income remained a key growth driver, rising 32.51 per cent year-on-year to Tk31.7 crore, buoyed by higher yields from government securities and a broader treasury portfolio.
Commission and brokerage income also increased by 13.29 per cent to Tk3.8 crore, contributing to the overall rise in operating income.
Operating expenses were carefully managed, rising by just 3.52 per cent to Tk39.7 crore. This helped push profit before provision up by 45.79 per cent, reaching Tk54.5 crore.
On the balance sheet, loans, advances, and leases amounted to Tk7,374.3 crore, down 1.18 per cent from December 2025, as IPDC maintained selective credit deployment amidst recovering demand.
Total deposits grew by 1.60 per cent to Tk6,324.7 crore, reflecting the company’s stable funding base.
Meanwhile, Net Asset Value per share increased to Tk18.01 from Tk17.85 at the end of December 2025.
