IndusInd Bank announced its Q2 FY26 results, reporting a decline in net profit. While interest earned increased to ₹11,608.63 lakhs, and other income was at ₹1651.28 lakhs, operating profit decreased to ₹2047.34 lakhs. The bank has initiated disciplinary actions against individuals involved in identified discrepancies. The bank’s capital adequacy ratio remains strong at 17.10% under Basel III norms.
Q2 FY26 Financial Performance
IndusInd Bank reported its financial results for the second quarter of fiscal year 2026. The bank’s total income reached ₹13259.91 lakhs. Interest earned amounted to ₹11608.63 lakhs, comprising interest and discount on advances, income on investments, and interest on inter-bank funds. Other income contributed ₹1651.28 lakhs. Interest expended totaled ₹7199.26 lakhs and operating expenses reached ₹4013.31 lakhs.
Profitability and Key Ratios
Operating profit before provisions and contingencies was reported at ₹2047.34 lakhs. However, after accounting for provisions, the bank reported a net loss of ₹436.88 lakhs. The earnings per share (EPS) was ₹(5.61). Key financial ratios include a gross NPA of 3.60% and a net NPA of 1.04%. The capital adequacy ratio, under Basel III, stood at 17.10%, with a CET1 ratio of 15.88%.
Segment Performance
Segment-wise, treasury operations generated income of ₹2386.23 lakhs, corporate/wholesale banking reported ₹2576.45 lakhs, and retail banking contributed ₹9247.15 lakhs. The net profit for the retail banking segment was ₹1352.89 lakhs. The total assets of the bank amounted to ₹527489.76 lakhs.
Ongoing Disciplinary Actions
The announcement also addressed ongoing disciplinary actions related to previously identified discrepancies. The bank has initiated the process of disciplinary action against individuals involved in accounting of derivative trades and related implications. A project management group oversees corrective steps to strengthen systems and controls.
Additional Details
During Q2 FY26, the bank allotted 20,100 shares pursuant to the exercise of stock options by employees, and 21,500 shares for the half-year.
Source: BSE
