IDLC Finance PLC has recorded a 26% year-on-year growth in its consolidated net profit after tax for the first half of 2026, reaching Tk1,370 million.
According to financial statements approved during the company’s 370th board meeting on Tuesday, the non-banking financial institution’s group earnings per share rose to Tk2.99 in H1 2026, up from Tk2.37 recorded during the same period in the previous year.
The institution’s profitability indicators showed steady improvement over the six-month period ending June 30.
Annualized return on equity reached 12.36%, up from 10.72% in H1 2025, while return on assets improved to 1.52% from 1.40%.
On a standalone basis, customer deposits at IDLC Finance stood at Tk114.54 billion, with the overall loan portfolio reaching Tk117.60 billion.
The company maintained its asset quality during the period, bringing its non-performing loan ratio down to 4.47% from 4.58% in H1 2025, alongside an NPL provision coverage ratio of 112%.
Management attributed the performance to the performance of its core operations and positive contributions from its subsidiaries, including IDLC Securities Limited, IDLC Investments Limited, and IDLC Asset Management Limited.
Commenting on the results, IDLC Finance Managing Director and CEO M Jamal Uddin stated that the company successfully maintained a healthy balance sheet and pursued prudent growth despite broader industry challenges regarding funding costs and asset quality pressures.
Chairman Kazi Mahmood Sattar added that the combination of improved profitability and stable portfolio quality positions the institution well for sustainable future growth.