Indian Bank Q1 FY26 result: Net profit jumps 24% to ₹2973 cr, income up 10%

Indian Bank's total amount of net non-performing assets stood at ₹1,035.56 crore in Q1 FY26, down 48.91 per cent from ₹2,026.59 crore a year ago

Indian Bank on Thursday reported a 23.69 per cent year-on-year (Y-o-Y) increase in its net standalone profit to ₹2,972.82 crore in the first quarter if financial year 2025-26 (Q1 FY26). The public sector bank (PSB) reported ₹2,403.42 crore profit during the same period last year. On a sequential basis, the profit was marginally up from ₹2,956.07 crore.

 

The bank’s total income rose 10.48 per cent to ₹18,721.31 crore in Q1 FY26 from ₹16,944.77 crore a year ago. Sequentially, income grew marginally from ₹18,599.16 crore in the previous quarter.

 

On the expenditure front, the bank spent ₹13,951.03 crore in Q1 FY26, up 12.12 per cent from ₹12,443.18 crore in Q1 FY25. Sequentially, expenses were up 2.72 per cent from ₹13,580.49 crore in the March quarter.

 

Indian Bank's total amount of net non-performing assets (NPA) stood at ₹1,035.56 crore in Q1 FY26, down 48.91 per cent from ₹2,026.59 crore a year ago. Net NPA also fell sequentially 6.67 per cent from ₹1,109.56 crore in the previous quarter

 

The bank also stated that its total deposits increased by 9.26 per cent Y-o-Y and reached to ₹7,44,289 crore in June 2025 as against ₹6,81,183 Cr in June 24. Moreover, its credit-deposit ratio stood at 80.77 per cent as of June 30, 2025.

 

Indian Bank's global business jumped 10.25 per cent Y-o-Y to ₹13.45 trillion, Indian Bank said in a BSE filing.

 

Shares of Indian Bank were trading at ₹643.80 apiece on the BSE at 2.56 pm on Thursday.

 

Indian Bank Q1 result highlights

 

• Total income: ₹18,721.31 crore
• Profit: ₹2,972.82 crore
• Earnings per share: ₹22.07 (basic and diluted)

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