IDBI Bank Q4 Meeting: Board to Meet on April 28 for Q4 Results and Dividend Decision | Shares Dip 3%

Chandigarh | April 23, 2025 – LIC-backed IDBI Bank finds itself in the market spotlight this week as its board gears up for a crucial meeting scheduled on April 28, 2025. The agenda? To approve the audited financial results for Q4FY25 and potentially announce a dividend payout for the financial year 2024-25.

IDBI Bank Q4 Meeting: However, investor sentiment remained cautious on Wednesday. IDBI Bank shares slipped 3% in intraday trade, reaching a low of ₹83.02 on the BSE, before stabilizing slightly to ₹83.78 by 11:45 AM — a 2.11% decline from the previous close.

Board Meet Details & Expectations

Through an exchange filing on April 23, IDBI Bank confirmed that its board of directors would meet on Monday, April 28, to evaluate and approve the financial results for the quarter and year ended March 31, 2025. Additionally, the board may deliberate on recommending a final dividend for its shareholders, adding more anticipation around the outcome.

This development comes on the heels of a robust Q3 performance. IDBI Bank had posted a 31% YoY rise in standalone net profit at ₹1,908.27 crore for Q3FY25, with a 20.43% jump in operating profit. These numbers raised hopes of a strong fiscal finish and possibly a generous dividend.

Shareholding Snapshot

As per the latest data, IDBI Bank remains a tightly held entity with 94.71% promoter ownership. The President of India owns 45.48%, while LIC commands a 49.24% stake, reinforcing strong public sector support for the lender.

Market Performance Overview

The recent dip may come as a breather after a stellar 8-day rally, during which the stock surged 16.5%. As of April 22, the bank’s shares had notched up a 10% gain in April alone, adding to the 12% rise recorded in March.

Despite this momentum, the overall year-on-year performance remains subdued, with the stock showing a 0.5% dip from April 2024 to April 2025. The scrip had previously touched a 52-week high of ₹107.98 on July 29, 2024, and a 52-week low of ₹65.89 on January 13, 2025.

Analyst Take & Market Mood

While some short-term profit booking is visible, market experts believe the upcoming board meeting could become a major trigger for the next big move in the stock. If the bank announces a healthy dividend along with strong Q4 numbers, bullish momentum may resume swiftly.

All eyes are now set on April 28, when IDBI Bank’s board will unveil the numbers that could shape the stock’s near-term trajectory. For investors, it’s a waiting game — but one with the potential for rewards and revaluation.