IndusInd Bank Q3 FY26 results: profit falls sharply on past discrepancies
INDUSINDBK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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IndusInd Bank Q3 FY26 results show sharp year-on-year profit decline, continuing impact of last year's accounting discrepancies (Rs. 1,960 cr derivative trades, Rs. 846 cr MFI income, Rs. 595 cr manual entries). Bank completed disciplinary action against most employees involved. A one-time Labour Codes impact of Rs. 229 cr was booked as additional employee cost. CET1 ratio stood at 15.74%. Gross NPA rose to 3.13% standalone. BFIL subsidiary auditor gave a qualified conclusion.
Profit weakness and asset quality slippage from past irregularities continue to weigh; capital position remains adequate.