IDLC Finance’s Q1 profit rises 43%

IDLC Finance PLC, one of the leading non-bank financial institutions (NBFIs), saw a rise in profit in the first quarter of 2025.

The NBFI's consolidated profit rose 43 percent year-on-year to Tk 50.71 crore in Q1.

IDLC had earlier reported a 32 percent annual rise in profit to Tk 200.36 crore in 2024.

Its consolidated earnings per share stood at Tk 1.22 for January-March 2025, up from Tk 0.85 a year ago, according to a disclosure on the Dhaka Stock Exchange (DSE).

Its consolidated net operating cash flow per share stood at Tk 2.54 in Q1 of 2025, up from a negative Tk 17.53 in the same period of 2024.

DSE data showed sponsor-directors held 56.66 percent of the company's shares as of March 31 this year, followed by institutions at 28.12 percent, the public at 14.85 percent, and foreign investors at 0.37 percent.

Established in 1985, IDLC operates across 20 districts through 40 branches and booths in Bangladesh, as per its website.