Results23 Oct 2026 · Fri
INDUSINDBKIndusInd Bank
IndusInd Bank posts ₹1,242 crore Q2 profit against ₹437 crore loss; gross NPA 2.73%
IndusInd Bank's September-quarter consolidated profit was ₹1,242 crore against a loss of ₹437 crore a year earlier, Kotak Neo reported. The gross NPA ratio was 2.73%.
Price, Friday's close₹831.65▼ 2.22%
Last 5 days
52-week low ₹726.3052-week high ₹1,077.85
- Sector
- Private sector banking
What happened
- IndusInd Bank reported consolidated net profit of ₹1,242 crore for the September 2026 quarter against a loss of ₹437 crore a year earlier, Kotak Neo reported. Free Press Journal gave first-half profit as ₹2,279 crore against ₹167 crore. Kotak Neo gave operating profit as ₹2,874 crore, up 40%.
- Net interest income was ₹4,569 crore, up 4% per Kotak Neo; Free Press Journal put the year-earlier figure at ₹4,409 crore. Kotak Neo said net interest margin was 3.23% against 3.57%, which it linked to foreign currency deposit mobilisation. Free Press Journal gave fee income as ₹2,248 crore against ₹1,651 crore.
- Gross non-performing assets were 2.73% of advances, against 3.60% a year earlier per Kotak Neo and 3.25% in the previous quarter per Free Press Journal. Net NPAs were 0.83%. Advances rose 11% to ₹3,63,104 crore and deposits 10% to ₹4,28,832 crore. Free Press Journal gave the capital adequacy ratio as 16.59%.
- Free Press Journal also reported that Priyanka Sinha was appointed an additional director from 23 October. The shares closed at ₹831.65 against ₹850.50 on Thursday on Kite data, a fall of 2.22% by my calculation.
Why it matters
Good to know: Gross NPA is the share of loans on which borrowers have stopped paying on time; net NPA subtracts the provisions the bank has set aside. The gap between 2.73% and 0.83% is the part already covered by provisions.
Key facts
- Consolidated net profit
- ₹1,242 crore (loss of ₹437 crore a year earlier), per Kotak Neo
- Net interest income
- ₹4,569 crore, up 4%; margin 3.23% (3.57%)
- Gross / net NPA
- 2.73% / 0.83%
- Advances / deposits
- ₹3,63,104 crore, up 11% / ₹4,28,832 crore, up 10%
- First-half profit, per Free Press Journal
- ₹2,279 crore (₹167 crore)
Read the source
This is a summary of public news about IndusInd Bank, for information only. It is not a recommendation to buy, sell or hold INDUSINDBK.