IPDC Finance’s quarterly profit jumps 136%
For the January-September period, its cumulative profit reached Tk26.2 crore, marking a 74% increase from the previous year
IPDC Finance PLC, the country's first private sector non-bank financial institution, has reported a remarkable 136% year-on-year rise in net profit for the July-September quarter of 2025, driven by higher investment income, disciplined cost control, and a diversified portfolio.
According to the company's press release, IPDC's net profit stood at Tk11.20 crore in the third quarter, compared to a much lower figure of Tk4.73 crore during the same period last year.
Following the announcement on the Dhaka Stock Exchange today (29 October), its share price gained slightly by 0.93% to reach at Tk21.60.
For the January-September period, its cumulative profit reached Tk26.2 crore, marking a 74% increase from the previous year.
The company said its strong performance was supported by robust investment income, improved interest earnings, and strategic portfolio diversification amid a challenging economic environment.
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Reflecting on the results, Rizwan Dawood Shams, managing director of IPDC Finance, said, "This strong performance is a testament to IPDC's resilience and strategic adaptability. Our disciplined approach to portfolio management, diversification, and operational excellence continues to drive sustainable growth and value for all stakeholders."
According to the unaudited financial statement, earnings per share (EPS) stood at Tk0.64 for the first nine months of 2025, up from Tk0.37 in the same period last year.
Gross interest income rose by 13.3% year-on-year to Tk711.5 crore, supported by solid asset growth and prudent lending strategies. Investment income jumped by 131% to Tk93.6 crore, benefitting from effective treasury management and favourable market conditions.
As of September 2025, IPDC's loan, advance, and lease portfolio grew by 5.2% since December 2024 to Tk7,313 crore, while its investment portfolio increased by 13% to Tk1,075 crore. Customer deposits climbed 13.7% to Tk5,887 crore, reflecting continued depositor confidence.
At the end of September, net asset value per share improved slightly to Tk17.07, from Tk16.89 a year earlier. Meanwhile, net operating cash flow per share turned positive at Tk7.33, compared to negative Tk7.96 in the same period last year, signalling improved cash generation from core operations.
