IPDC profit soars 74% in Jan-Sep 2025

IPDC Finance PLC has reported a 73.8 percent year-on-year (YoY) rise in net profit to Tk 26.2 crore for the January-September period of 2025, driven by strong investment returns, higher interest income, disciplined cost management, and strategic portfolio diversification.

According to its unaudited third-quarter financial statements, earnings per share (EPS) stood at Tk 0.64 for the first nine months of 2025, up from Tk 0.37 in the same period a year earlier. Gross interest income rose 13.3 percent YoY to Tk 711.5 crore, supported by steady asset portfolio growth and prudent lending practices.

A major highlight was the sharp rise in investment income, which surged 131.2 percent YoY to Tk 93.6 crore, buoyed by effective treasury management and favourable capital market trends.

This contributed to a solid 18.9 percent YoY increase in total operating income, which reached Tk 254 crore. On a quarterly basis, operating income in Q3 2025 stood at Tk 93.9 crore, up 11.3 percent from the previous quarter, according to a press release.

Despite a modest 5.9 percent YoY increase in operating expenses to Tk 117.9 crore, operating profit climbed 33.1 percent YoY to Tk 136.1 crore, thanks to strategic resource optimisation and enhanced process efficiency. For Q3 2025 alone, operating profit stood at Tk 54.1 crore, marking a 21.1 percent quarter-on-quarter rise.

Net profit after tax rose to Tk 26.2 crore, reflecting a 73.8 percent YoY increase, while Q3 2025 net profit reached Tk 11.2 crore, a remarkable 136.1 percent surge from the same quarter of 2024.

As of September 2025, IPDC's loan, advance, and lease portfolio stood at Tk 7,313.1 crore, up 5.2 percent from December 2024. Its investment portfolio comprising government securities and other financial instruments grew 13 percent during the same period to Tk 1,075.3 crore.

Despite challenging market conditions, customer deposits rose 13.7 percent to Tk 5,886.9 crore, reflecting continued depositor confidence and IPDC's strong brand reputation.

Net asset value per share improved to Tk 17.07 as of September 2025, from Tk 16.89 at the end of 2024. Meanwhile, net operating cash flow per share saw a strong turnaround to Tk 7.33, compared to a negative Tk 7.96 a year earlier, underscoring improved cash generation from core operations.

Commenting on the results, Rizwan Dawood Shams, managing director of IPDC Finance PLC, said: "This strong performance is a testament to IPDC's resilience and strategic adaptability in a challenging economic environment. Our disciplined approach to portfolio management, diversification, and operational excellence continues to drive sustainable growth and value for all our stakeholders."