Indian Bank, the public sector lender, reported a net profit of ₹3,018 crore for the second quarter of FY26, marking an 11.5% increase year-on-year from ₹2,706 crore in the same quarter last year.
Key Financial Highlights
- Net Interest Income (NII): ₹6,551 crore, up 6% YoY from ₹6,195 crore.
- Provisions: ₹739 crore, down from ₹1,100 crore YoY, reflecting lower provisioning needs due to improving asset quality.
- Gross NPA Ratio: Improved to 2.60% from 3.01% in the previous quarter.
- Net NPA Ratio: Improved to 0.16% from 0.18% sequentially.
The bank’s asset quality trend continues to strengthen, reducing the need for high provisions and supporting healthy profitability.
Market Reaction
Following the earnings announcement, Indian Bank shares rose 2.52% to ₹794.80, continuing a strong upward trajectory, with the stock climbing nearly 55% so far in 2025.
Analysts note that the combination of robust net interest income, lower provisioning, and improving NPAs positions Indian Bank as a resilient performer among public sector lenders.
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