IndusInd Bank flips to profit at ₹533 crore in Q4, NII soars 43% YoY; dividend recommended

On a sequential basis, its profit skyrocketed 364.27% quarter-on-quarter (QoQ) from ₹127.98 crore in the December quarter of the same fiscal year, according to a regulatory filing.

Its net interest income (NII) soared 43.4% year-on-year (YoY) to ₹4,371.48 crore for the reporting quarter, compared to ₹3,048.34 crore in Q4 of the 2024-25 fiscal year (Q4 FY25).

The PSU Bank’s asset quality improved sequentially, with gross non-performing assets (GNPA) contracting to 3.43% in the March FY26 quarter, from 3.56% in the quarter-ago period.

Its net non-performing assets (NNPA) improved to 1% during the quarter under review, as against 1.04% in Q3 FY26.

Board recommends dividend; check record date

IndusInd Bank's board of directors recommended a final dividend of ₹1.50 per equity share with a face value of ₹10 each, at a 15% rate, out of the net profits for the year ended March 31, 2026, subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM).

It also fixed Friday, June 26, 2026, as the record date for determining the eligibility of members.

What the management said

Commenting on the earnings, Rajiv Anand, the MD and CEO of IndusInd Bank, said: “At IndusInd Bank, we are seeing improved growth momentum across businesses, supported by focused execution and strengthening fundamentals.”

He stated that in its microfinance portfolio, lower slippages during the quarter contributed to better asset quality.

“We believe this reflects stronger underlying discipline and is not a one-off improvement. Our focus remains on sustaining this through prudent underwriting, calibrated risk management and consistent execution,” Anand added.

In Q4FY26, the Bank delivered a steady operating performance, with pre-provision operating profit at ₹2,295 crore, up 1% QoQ, and Profit After Tax (PAT) at ₹594 crore (consolidated), he noted.

“The balance sheet remains well supported, with capital adequacy of 17.48% and strong liquidity. While geopolitical uncertainties persist, India’s growth outlook remains stable, and we remain focused on participating in this growth in a prudent and sustainable manner,” Anand added.

Shares of IndusInd Bank closed 1.44% lower at ₹847.95 per unit on the National Stock Exchange (NSE) on Friday, ahead of its earnings announcement.