Indusind Bank Limited has informed the Exchange that Record date for the purpose of Dividend is 26-Jun-2026.
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IndusInd Bank's Board has approved audited financial results for FY2026 ending March 31, 2026. The bank reported consolidated net profit of Rs. 59,414 lakhs (standalone: Rs. 59,417 lakhs), compared to Rs. 89,019 lakhs in FY2025, showing a decline. The Board recommended a final dividend of Rs. 1.50 per equity share (15% on Rs. 10 face value), subject to shareholder approval at the AGM. The record date for determining dividend eligibility is June 26, 2026. Key metrics include Capital Adequacy Ratio of 16.20%, Gross NPA of 3.56%, and Net NPA of 1.00%. The auditors issued unmodified opinions but noted prior accounting discrepancies in derivatives, MFI portfolio income, and manual entries that have been addressed.
The dividend recommendation of Rs. 1.50 per share provides income to shareholders, though the reduced profit compared to FY2025 may create some caution. The 16.20% capital adequacy ratio remains strong, above regulatory requirements.