IndusInd Bank Limited has announced its financial results for the quarter and half-year ending September 30, 2026, showcasing a robust performance amidst a challenging global economic environment. The bank’s net profit for the second quarter of the fiscal year 2026-27 surged to ₹1,242 crores, a significant turnaround from a net loss of ₹437 crores in the same quarter of the previous year. This marks a notable improvement in profitability, with a 51% increase quarter-on-quarter from the normalized profit of ₹824 crores in the first quarter of FY27.
The bank’s net interest income (NII) for Q2 FY27 stood at ₹4,569 crores, reflecting a modest increase from ₹4,409 crores in Q2 FY26. The fee and other income also saw a substantial rise, reaching ₹2,248 crores compared to ₹1,651 crores in the corresponding quarter of the previous year. Despite a slight decline in net interest margin (NIM) to 3.23% from 3.32% in Q2 FY26, the bank’s overall financial health appears robust with a net worth of ₹65,985 crores, up from ₹62,524 crores a year ago.
IndusInd Bank’s asset quality showed improvement, with gross non-performing assets (NPA) ratio declining to 2.73% from 3.60% in the previous year, and net NPA ratio reducing to 0.83% from 1.04%. The provision coverage ratio (PCR) slightly decreased to 70.19% from 71.81% in Q2 FY26. The bank’s capital adequacy ratio stood at 16.59%, down from 17.10% a year earlier, reflecting a stable capital position.
The bank’s balance sheet as of September 30, 2026, recorded total deposits of ₹4,28,832 crores, an increase from ₹3,89,600 crores in the previous year. Advances also grew to ₹3,63,104 crores from ₹3,25,881 crores. The liquidity coverage ratio averaged 127% during the quarter, indicating a healthy liquidity position.
IndusInd Bank’s Managing Director and CEO, Rajiv Anand, expressed confidence in the bank’s performance, highlighting the resilience of India’s macroeconomic fundamentals and the bank’s strategic initiatives in enhancing governance, risk standards, and technology investments. Analysts view the bank’s results as a positive indicator of its ability to navigate economic challenges and sustain growth, with a focus on improving profitability and asset quality in the coming quarters.
