IDLC Finance PLC closed Q1 2025 with exceptional growth, recording a standalone net profit after tax of BDT 368 million, up 25% from the same period of the last year.
On a consolidated basis, net profit after tax stood at BDT 509 million, reflecting a 44% increase quarter-on-quarter.
Earnings per share stood at BDT 1.22 from BDT 0.85 in Q1 2024.
Customer deposits grew steadily to BDT 92.66 billion (10% growth over 2024), while the group maintained a healthy loan book of BDT 118.57 billion (4% growth over 2024).
Return on Equity (ROE) stood at 10.02% (annualized), a strong indication of enhanced profitability and effective use of shareholder capital. Return on Assets (ROA) stood at 1.34%, reflecting the company's ability to generate higher returns from its asset base.
The Non-Performing Loan (NPL) ratio was maintained at 4.60%, lower than the same period of the previous year and significantly below the industry average, with a provision coverage ratio of 103.21%.
The Board of Directors approved the financial statements for the first quarter ended 2025 in the company's 352nd Board Meeting held at IDLC's Corporate Head Office in Gulshan, Dhaka, on May 08, 2025.
