Indian Bank share price zooms 10% after announcement of Q1 results 2026

Indian Bank reported a standalone net profit of Rs 3,273 crore for Q1FY27, up more than 10% year-on-year from Rs 2,973 crore. Net interest income rose nearly 17% YoY to about Rs 7,435 crore, while gross NPAs declined nearly 30% YoY to Rs 12,710 crore, improving the GNPA ratio to 1.86% from 3.01%. The stock jumped 10% to its day's high of Rs 872.45 on BSE following the results.