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IndusInd Bank Q1 profit jumps 72% to ₹1,037 crore
Quarterly gross NPA fell to 3.25% from 3.43% as of March 31, 2026, while deposits rose to ₹4,14,766 crore.
IndusInd Bank reported a 72% year-on-year rise in consolidated net profit to ₹1,037 crore for the quarter ended June 2026, compared with ₹604 crore in the year-ago quarter, according to LiveMint Markets. The results were announced on Wednesday, July 22, after market hours.
Net interest income rose 1% to ₹4,685 crore from ₹4,640 crore, and net revenue came in at ₹6,471 crore versus ₹6,797 crore a year earlier. Operating expenses declined 12.5% to ₹3,698 crore from ₹4,229 crore, while pre-provision operating profit (PPOP) was ₹2,773 crore for Q1 FY27 versus ₹2,567 crore in Q1 FY26.
The bank said asset quality improved during the quarter, with the gross non-performing asset ratio falling to 3.25% as of June 30, 2026, from 3.43% at March 31, 2026. Net NPA improved to 0.95% from 1.00%, and the provision coverage ratio rose to 71.42%, LiveMint Markets reported.
On balance sheet expansion, IndusInd Bank’s total assets grew to ₹5,54,926 crore as of June 30, 2026, from ₹5,39,552 crore a year earlier. Total deposits increased to ₹4,14,766 crore, CASA accounted for 29.43% of deposits, and the capital adequacy ratio under Basel III improved to 17.15% from 16.63% a year earlier.