IPDC finance profit jumps 37.6% in H1 2026

IPDC Finance PLC reported a 37.6% year-on-year increase in net profit after tax to BDT 207 million in the first half (H1) of 2026, driven by higher net interest income, stronger investment earnings and disciplined cost management, despite continued domestic and global economic challenges.

IPDC Finance PLC, the country's first private financial institution, said its financial performance remained resilient during the January-June period, supported by steady business growth, robust governance and prudent risk management.

As of June 30, 2026, the company's loan portfolio stood at BDT 74,174 million, while total deposits increased 7.9% from December 2025 to BDT 67,166 million, reflecting continued customer confidence and a stable funding base. The company said around 60% of its operating income was generated from its core financing business, underscoring its focus on sustainable growth.

Its investment portfolio also expanded to BDT 15,341 million, supported by increased holdings in government securities and other investments.

According to the company's H1 financial results, gross interest income rose 5.3% year-on-year to BDT 4,889 million, while net interest income climbed 22.5% to BDT 1,168 million. During the second quarter alone, net interest income reached BDT 587 million, marking a 22.6% increase from the same period last year.

Investment income surged 39.2% year-on-year to BDT 786 million, driven by higher returns from government securities and the expansion of the treasury portfolio. As a result, total operating income increased 28.9% to BDT 2,064 million. Second-quarter operating income rose 33% year-on-year to BDT 1,122 million.

The company's net operating cash flow per share improved to BDT 12.02 during H1 2026 from BDT 8.12 a year earlier, while earnings per share (EPS) increased to BDT 0.48 from BDT 0.35. Net asset value (NAV) per share stood at BDT 17.01 as of June 30, 2026, compared with BDT 17.00 at the end of December 2025.

The financial statements were approved by the Board of Directors at a meeting held on August 28, 2026.

Commenting on the results, Managing Director Rizwan Dawood Shams said customer trust remains the company's greatest responsibility and that IPDC would continue to uphold high standards of governance, prudent risk management and operational excellence while creating sustainable value for stakeholders.

Chairman Ariful Islam said the results reflected the strength of IPDC's core business model, noting that the majority of the company's income continues to come from financing businesses and individuals. He added that IPDC remains committed to creating real economic value and supporting sustainable economic growth.

-HIS