HighPositive
Announced Wed, 22 Jul · 16:29 IST

IndusInd Bank Q1 Results 2026: Net profit surges 72% at ₹1,037 crore, NII up just 1%

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AI summary

IndusInd Bank reported a 72 percent year-on-year surge in consolidated net profit to 1,037 crore rupees for Q1 FY27, driven mainly by a 12.5 percent decline in operating expenses and a sharp fall in provisions to 1,384 crore from 1,760 crore. Net Interest Income rose just 1 percent to 4,685 crore, while net revenue fell to 6,471 crore from 6,797 crore. Asset quality improved with GNPA at 3.25 percent and net NPA at 0.95 percent, and the capital adequacy ratio strengthened to 17.15 percent under Basel III.