IPDC Finance PLC. recorded a 35.0% year-on-year (YoY)
increase in net profit after tax to BDT 354 million in the first nine months of
2026. Stronger operating income and disciplined cost management supported
earnings growth.
Earnings per share climbed to BDT 0.82 in Jan–Sep 2026, up
from BDT 0.61 in the same period of 2025. Gross interest income increased 5.3%
YoY to BDT 7,491 million, while interest expenses declined 0.3% to BDT 5,610
million. Net interest income consequently grew 26.6% to BDT 1,880 million,
continuing the recovery from margin compression through much of 2025.
Investment income climbed 24.2% YoY to BDT 1,163 million,
supported by robust treasury portfolio management. Commission and brokerage
income increased 13.5% to BDT 121 million. Total operating income rose to BDT
3,198 million, a 25.9% gain from the same in Jan-Sep 2025; Q3 2026 operating
income grew 20.7% to BDT 1,134 million. Interest income from the core lending
business remained the largest contributor to revenue, accounting for 62% of
total revenue.
Operating expenses rose 9.4% to BDT 1,291 million. As income
growth outpaced expenses, profit before provision increased to BDT 1,907
million, up 40.2% from Jan-Sep 2025. Q3 2026 profit before provision rose 25.9%
to BDT 681 million, demonstrating stronger operating leverage. Maintaining a
prudent approach to balance-sheet resilience, IPDC made adequate provisions
against potential risks. Overall, net profit for Q3 2026 increased 31.4%
year-on-year to BDT 147 million, reflecting higher earnings driven by strategic
credit deployment and strong expense control.
At 30 September 2026, loans, advances and leases stood at
BDT 75,786 million, up 1.6% from December 2025, reflecting prudent lending
practices amid recovering demand. Deposits grew 9.1% to BDT 67,909 million,
strengthening the funding base and depositor confidence. The investment
portfolio expanded 46.1% to BDT 15,564 million. Net operating cash flow per
share increased to BDT 11.38 in in Jan-Sep 2026, from BDT 6.99 in the same
period in 2025, while net asset value rose to BDT 17.37 at September 2026, from
BDT 17.00 at December 2025.
Rizwan Dawood Shams, Managing Director of IPDC Finance PLC.,
said, “Our results reflect stronger operating momentum, disciplined cost
management and a deliberate focus on balance-sheet resilience. As IPDC
approaches its 45th anniversary, we believe sustainable growth is built on a
careful balance between performance, prudent risk management, and long-term
financial resilience. In a changing market environment, our priority remains to
strengthen the fundamentals of our business while upholding the trust of those
who place their confidence in us. This commitment guides our decisions today
and underpins our ambition to create enduring value for all our stakeholders.”
IPDC Finance PLC. is Bangladesh’s first private-sector
finance company, established in 1981 and rated AAA by Credit Rating Agency of
Bangladesh Ltd. (CRAB). It serves corporate, SME and retail customers through
financing and deposit solutions, with a commitment to responsible finance,
financial inclusion and sustainable development.
