IndusInd Bank Q1 FY27 Results: Net Profit Jumps 72% As Asset Quality Improves; GNPA Falls To 3.25%

IndusInd Bank reported its Q1 FY27 results on July 22, 2026, after market hours on Wednesday.

The private sector lender on Wednesday reported a 72% year-on-year rise in consolidated net profit to ₹1,037 crore for the April-June quarter (Q1 FY27), against ₹604 crore in the same quarter last year. On a standalone basis, net profit rose 47% YoY to ₹1,003 crore, against ₹684 crore a year earlier, helped by a drop in funds set aside for potential bad loans.

Net Interest Income (NII) for the quarter stood at ₹4,685 crore, up 1% YoY from ₹4,640 crore. Net interest margin came in at 3.57% for Q1 FY27, against 3.46% in Q1 FY26. Net revenue stood at ₹6,471 crore, against ₹6,797 crore in the year-ago quarter, while operating expenses declined 12.5% YoY to ₹3,698 crore from ₹4,229 crore.

Pre-Provision Operating Profit (PPOP) came in at ₹2,773 crore for Q1 FY27, against ₹2,567 crore in the year-ago quarter. The bank reported capital adequacy of 17.15% and a liquidity coverage ratio of 27%.

Yield on assets stood at 8.62% for the quarter, against 9.15% in the corresponding quarter of the previous year, while cost of funds eased to 5.05% from 5.69% a year earlier.

IndusInd Bank Q1 FY27 Results: Asset Quality

Asset quality improved during the quarter. Gross NPA and net NPA ratios stood at 3.25% and 0.95% respectively in Q1 FY27, against 3.64% and 1.12% in Q1 FY26. On a sequential basis, gross NPA improved from 3.43% as of March 31, 2026, while net NPA eased from 1.00% over the same period.

IndusInd Bank Q1 FY27 Results: Balance Sheet And Deposits

The bank's balance sheet expanded to ₹5,54,926 crore as of June 30, 2026, from ₹5,39,552 crore a year earlier. Total deposits rose to ₹4,14,766 crore from ₹3,97,144 crore as of June 30, 2025.

CASA deposits stood at ₹1,22,060 crore, comprising ₹34,620 crore in current account deposits and ₹87,440 crore in savings account deposits, with CASA accounting for 29.43% of total deposits as of June 30, 2026. Retail deposits, as per the Liquidity Coverage Ratio (LCR), rose to ₹1,90,166 crore from ₹1,82,898 crore as of March 31, 2026.

IndusInd Bank Q1 FY27 Results: Management Commentary

MD and CEO Rajiv Anand said the bank continued to execute its strategic priorities during Q1 FY27, with an emphasis on disciplined growth, balance sheet resilience and franchise quality. He said the bank is building a diversified portfolio across retail, SME and rural businesses, including expanding its rural franchise beyond microfinance, while investments in technology and AI-led capabilities are enhancing customer experience and productivity.

Anand noted that while geopolitical developments continue to shape the global environment, India's structural growth drivers remain firmly in place. He said 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 27%, positioning the bank to create sustainable value over the long term.

IndusInd Bank Share Price

IndusInd Bank shares closed nearly 1% higher at ₹1,072 apiece on July 22.