IndusInd Bank Q1 FY27 result: Net profit jumps 88%; NII grows to ₹4,685 crore QoQ

The private sector lender’s net interest income (NII) for Q1 FY27 rose 7% quarter-on-quarter (QoQ) to ₹4,685 crore as against ₹4,371 crore in Q4 FY26.

IndusInd Bank reported a net interest margin (NIM) of 3.57% for Q1 FY27, compared to 3.46% in the corresponding period last year.

As of June 30, 2026, the lender’s gross non-performing assets (NPA) ratio stood at 3.35%, improving from 3.43% on a sequential basis.

Net NPA ratio also improved marginally to 0.95% on a quarter-on-quarter basis, compared to 1% at the end of the previous quarter.

IndusInd Bank’s yield on assets stood at 8.62% for the quarter under review as against to 9.15% in the corresponding quarter last year. The cost of funds stood at 5.05%, against 5.69% in the year-ago period.

Net revenue for Q1 FY27 came in at ₹6,471 crore, compared to ₹6,797 crore in Q1 FY26. Operating expenses for the quarter were ₹3,698 crore, lower than ₹4,229 crore reported in the corresponding period last year.

Commenting on the earnings, IndusInd Bank CEO and Managing Director Rajiv Anand said, “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 ₹2,773 crore and Profit After Tax of ₹1,037 crore, supported by capital adequacy of 17.15% and a liquidity coverage ratio of 127%. Together, these priorities position us well to create sustainable value over the long term.”

As of June 30, 2026, the bank’s deposits rose to ₹4,14,766 crore from ₹3,97,144 crore seen in the same quarter of the previous fiscal year.

Current account and savings account (CASA) deposits came in at ₹1,22,060 crore with current account deposits at ₹34,620 crore and savings account deposits at ₹87,440 crore. CASA deposits comprised 29.43% of total deposits as of June 30, 2026.

IndusInd Bank said the retail deposits as per LCR were at ₹1,90,166 crore in Q1 FY27 as against ₹1,82,898 crore as of March 31, 2026.

The lender reported advances of ₹3,26,274 crore as of June 30, 2026, while the figure stood at ₹3,33,694 crore as of June 30, 2025.

“During Q1FY27, we continued to execute our strategic priorities with an emphasis on disciplined growth, balance sheet resilience and franchise quality. We are building a diversified portfolio across retail, SME and rural businesses, including expanding the rural franchise beyond microfinance,” added Anand.

On Wednesday, IndusInd Bank shares settled at ₹1,069.30 apiece on the National Stock Exchange, gaining 0.55%. The earnings came after the market hours.