Indian Bank Limited Q1 Results: Net Profit Jumps 23.7% YoY

Market Performance

• Indian Bank's share price opened at ₹625.65 on the BSE, slightly above the previous day’s close of ₹624.65.
• Post Q1 results, the stock hit an intraday high of ₹642.20, marking nearly a 3% rise during the session.
• The stock is trading close to its 52-week high of ₹658.50, showing strong upward momentum.
• Over the last six months, Indian Bank's share price has gained over 28%, significantly up from its 52-week low of ₹474.05 recorded in January 2025.

Main Highlights from Indian Bank Q1 FY26

Indian Bank posted a robust financial performance in the April–June 2025 quarter, with notable improvements across key metrics:

• Standalone Net Profit rose 23.7% YoY, reaching ₹2,972.82 crore, up from ₹2,403 crore in the same quarter last year.
• Interest Earned increased by 8.2% to ₹16,282.71 crore, compared to ₹15,039.23 crore in the corresponding period last year.
• Net Interest Income (NII) saw a growth of 2.9%, standing at ₹6,359 crore against ₹6,178 crore in Q1 FY25.

Key Financial Metrics

Revenue

• Total interest earned by the bank during Q1 FY26 stood at ₹16,282.71 crore, marking a solid 8.2% year-on-year growth.

Net Interest Income (NII)

• Indian Bank's NII rose to ₹6,359 crore, reflecting a 2.9% increase over ₹6,178 crore reported in Q1 FY25.

Net Profit

• The standalone net profit came in at ₹2,972.82 crore, showing a strong 23.7% growth compared to ₹2,403 crore in Q1 FY25.
• However, the consolidated net profit was ₹2,218.51 crore, witnessing a decline of 8% YoY from ₹2,417.30 crore in the same period last year.

Asset Quality

• Gross NPA ratio improved to 3.01%, down from 3.09% in the preceding quarter.
• Net NPAs stood at ₹1,035.56 crore, significantly lower than ₹1,109.56 crore in Q4 FY25 and down from ₹2,026.59 crore in Q1 FY25.

Company Overview: Indian Bank Limited

Indian Bank Limited is a major public sector lender with a long-standing presence in the Indian banking space. Over the years, the bank has consistently demonstrated resilience, growth, and performance across key financial and operational areas. The bank's continued focus on credit quality and earnings growth reflects in its recent quarterly results.

Summary of the Article

Indian Bank delivered a solid Q1 performance for FY26, with a 23.7% YoY increase in standalone net profit and steady improvements in NII and asset quality. The bank also reported higher interest income and a reduction in both gross and net NPAs. Despite a slight decline in consolidated profit, the overall quarterly results reflect healthy operational metrics. The Indian Bank share price has responded positively and is now trading near its 52-week high, backed by strong investor sentiment and consistent performance.