IPDC Finance profit jumps 74pc in Jan-Sept on higher investment income

IPDC Finance showed a strong financial recovery in the first nine months of 2025, with profit soaring 73.8 per cent year-on-year to Tk 262 million.

The growth was driven by higher investment returns, steady lending income, and cost discipline amid economic headwinds, according to a press release issued on Tuesday.

"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," said Rizwan Dawood Shams, managing director of IPDC Finance.

In the nine months to September, gross interest income was up 13.3 per cent year-on-year to Tk 7,115 million, supported by growth in the asset portfolio and prudent credit risk management, the company said.

The standout performer was investment income, which more than doubled - rising 131.2 per cent year-on-year to Tk 936 million - due to effective treasury operations and favorable capital market movements.

Total operating income rose 18.9 per cent year-on-year to Tk 2,540 million in the nine-month period.

Operating expenses rose moderately by 5.9 per cent to Tk 1,179 million during the reporting period, reflecting controlled spending and improved operating efficiency.

As a result, operating profit jumped 33.1 per cent year-on-year to Tk 1,361 million.

In Q3 alone, operating profit stood at Tk 541 million, marking a 21.1 per cent increase from the corresponding period of the previous year.

Profit after tax reached Tk 112 million in Q3 through September this year, a 136.1 per cent surge from the same quarter last year.

Meanwhile, the company's loans, advances, and leases grew 5.2 per cent in January-September. The investment portfolio expanded 13 per cent to Tk 10,753 million during the period.

Customer deposits rose 13.7 per cent to Tk 58,869 million in the nine months, reflecting strong customer confidence.

Net operating cash flow per share (NOCFPS) showed a significant turnaround to Tk 7.33 in the nine months, recovering from Tk 7.96 in the negative a year earlier, indicating stronger cash generation from core operations.

Net asset value (NAV) per share increased to Tk 17.07 in September from Tk 16.89 at the end of 2024.

Meanwhile, the share price of IPDC stood at Tk 21.40 per share on Tuesday on the Dhaka Stock Exchange (DSE).

farhan.fardaus@gmail.com