IndusInd Bank reported a strong performance for the second quarter of FY27, with its Net Profit after Tax (PAT) growing by 20% year-on-year to ₹1,242 crore. The bank’s Operating Profit also saw a substantial increase of 40% to ₹2,874 crore. This growth was driven by a 12% increase in Total Income, while Operating Expenses were managed effectively. The bank also maintained a robust balance sheet with a CRAR of 16.59%.
IndusInd Bank Reports Strong Q2 FY27 Financials
IndusInd Bank has announced robust financial results for the quarter and half-year ended September 30, 2026. The bank registered a significant year-on-year growth in its profitability metrics.
Key Financial Highlights:
Profitability Surge
Net Profit After Tax (PAT) for Q2 FY27 increased by 20% to ₹1,242 crore, compared to ₹437 crore in Q2 FY26. For the half-year ended FY27 (H1FY27), PAT stood at ₹2,279 crore, marking a substantial improvement from ₹167 crore in H1FY26.
Operating Profit witnessed a strong growth of 40% in Q2 FY27, reaching ₹2,874 crore. For the first half of FY27, Operating Profit was ₹5,648 crore, a 22% increase from the previous year.
Income and Expenses
Total Income grew by 12% to ₹6,817 crore in Q2 FY27. This was primarily driven by a 4% increase in Net Interest Income to ₹4,569 crore and a significant 36% rise in Other Income to ₹2,248 crore.
Operating Expenses saw a marginal decrease of 2% year-on-year to ₹3,943 crore in Q2 FY27, indicating effective cost management. For H1FY27, operating expenses decreased by 7%.
Balance Sheet Strength
The bank maintained a healthy capital adequacy position with a CRAR (Capital Adequacy Ratio) of 16.59% as of September 30, 2026. The Tier 1 CRAR stood at 15.55%.
Deposits increased by 10% year-on-year to ₹4,28,832 crore, while Loans grew by 11% to ₹3,63,104 crore.
Asset Quality Indicators
Gross NPA (Non-Performing Assets) for the quarter stood at 2.73%, showing an improvement from 3.25% in the previous year. Net NPA was reported at 0.83%.
The Provision Coverage Ratio (PCR) was maintained at 70%.
Key Ratios:
- Net Interest Margin (NIM): Reported at 3.23% for Q2 FY27.
- Return on Assets (RoA): Was 0.87% (annualized).
- Return on Equity (RoE): Was 7.37% (annualized).
- Earning Per Share (EPS): Stood at ₹63.8 (annualized).
Source: BSE
