Private sector lender IndusInd Bank on July 22 reported 47% jump in standalone net profit at Rs 1,003 crore for the quarter ended June 30, 2026, helped by a drop in funds set aside for potential bad loans. It reported standalone net profit of Rs 684 crore in the year-ago period.

Rajiv Anand, the MD and CEO, IndusInd Bank said: “During Q1FY27, we continued to execute our strategic priorities with an emphasis on disciplined growth, balance sheet resilience and franchise quality. Supported by an experienced leadership team and sharper execution capabilities, we are advancing our growth agenda while maintaining prudent risk management.

"We are building a diversified portfolio across retail, SME and rural businesses, including expanding the rural franchise beyond micro-finance enhancing customer experience and overall productivity, strengthening our ability to deliver sustainable growth. While geopolitical developments continue to shape the global environment, India’s structural growth drivers remain firmly in place. The bank delivered a Pre-Provision Operating Profit of Rs 2,773 crore and Profit After Tax of Rs 1,037 crore, supported by capital adequacy of 17.15% and a liquidity coverage ratio of 27%. Together, these priorities position us well to create sustainable value over the long term.”

Gross NPA and Net NPA ratios were at 3.25% and 0.95% in Q1FY27 as compared to 3.64% and 1.12%, respectively, in Q1FY26.

Net Interest Income (NII) in Q1 FY27 is at Rs 4,685 crore as compared to Rs 4,640 crore in Q1FY26, a rise of 1%. Net interest margin was at 3.57% for Q1FY27 as compared to 3.46% for Q1FY26.

On July 22, IndusInd shares closed nearly 1% higher at Rs 1,072 apiece.

"Yield on Assets stands at 8.62% for the quarter ended June 30, 2026, as against 9.15% for the corresponding

quarter of previous year. Cost of Fund stands at 5.05% as against 5.69% for corresponding quarter of previous year," said the lender in a stock exchange filing.

IndusInd's loans rose 3.3% from the previous quarter, marking the first sequential increase in six quarters. However, they were still down 2.3% from a year earlier.