IDLC Finance posts 17% profit growth in Q3

IDLC Finance PLC reported a 17% year-on-year increase in consolidated net profit after tax to Tk206.7 crore in the third quarter of 2026, with earnings per share (EPS) rising to Tk4.51 from Tk3.85 a year earlier.

The non-bank financial institution’s return on equity (ROE) rose to 12.24%, while return on assets (ROA) improved to 1.51%, reflecting higher returns from shareholders’ capital and assets, according to a press release.

On a standalone basis, IDLC’s customer deposits stood at Tk11,693 crore, while its loan portfolio totalled Tk12,045 crore.

The company’s non-performing loan (NPL) ratio declined to 4.09% in Q3 2026 from 4.71% a year earlier. Its provision coverage ratio stood at 110%, indicating provisions exceeding its reported non-performing loans.
Kazi Mahmood Sattar, chairman of IDLC Finance, said the results reflected the company’s focus on sustainable profitability, prudent risk management and long-term value creation for stakeholders.

M Jamal Uddin, managing director and CEO of IDLC Finance, highlighted the improvement in profitability and returns, while reiterating the company’s focus on sustainable business expansion.

The company’s subsidiaries, IDLC Securities Limited, IDLC Investments Limited and IDLC Asset Management Limited, also contributed to the group’s performance during the quarter, supporting its diversified business model.

The board approved the third-quarter financial statements at its 376th meeting held at the company’s corporate head office in Gulshan, Dhaka, on Tuesday.