Indian Bank reported a 7.33% year-on-year increase in net profit for Q3 FY26, reaching ₹3061 crore. Operating profit rose by 5.79% to ₹5024 crore. The bank’s global business reached ₹14.30 lakh crore, a 13.34% increase year-on-year. NNPA reduced by 6 bps YoY to 0.15%. The bank continues to focus on digital banking and expanding its reach.
Financial Performance Highlights
Indian Bank announced its financial results for the third quarter (Q3) and the nine-month period of FY 2025-26, showcasing significant improvements across key metrics.
Key highlights include:
- Net Profit: Increased by 7.33% YoY to ₹3061 Cr in Q3 FY26, up from ₹2852 Cr in Q3 FY25.
- Operating Profit: Improved by 5.79% YoY to ₹5024 Cr in Q3 FY26.
- Net Interest Income: Increased by 7.50% YoY to ₹6896 Cr in Q3 FY26.
- Fee-Based Income: Grew by 7.20% YoY to ₹998 Cr in Q3 FY26.
- Earnings Per Share (EPS): Increased to ₹90.92 in Q3 FY26.
Key Ratios and Business Metrics
Several key financial ratios also showed positive trends:
- Return on Equity (RoE): Stood at 19.11% in Q3 FY26.
- Return on Asset (RoA): Stood at 1.30% in Q3 FY26.
- Yield on Advances (YoA): Stood at 8.31% in Q3 FY26.
The bank also demonstrated growth in its overall business:
- Gross Advances: Increased by 14.24% YoY to ₹638848 Cr.
- Total Deposits: Increased by 12.62% YoY and reached ₹790923 Cr.
- Domestic CASA ratio: Stood at 39.08% as of December 31, 2025.
Asset Quality
Indian Bank reported improvements in asset quality:
- GNPA: Decreased to 2.23%.
- NNPA: Reduced to 0.15%.
- Provision Coverage Ratio (PCR, including TWO): Improved to 98.28%.
Nine Months Performance (9MFY26)
The bank’s performance over the nine-month period also showed strong results:
- Net Profit: Up by 13.69% YoY to ₹9053 Cr.
- Operating Profit: Increased by 4.66% YoY to ₹14630 Cr.
- Net Interest Income: Grew by 5.42% YoY to ₹19805 Cr.
- Return on Equity (RoE): Stood at 19.66%.
- Cost-to-Income Ratio: stood at 46.40%.
Digital Expansion and Network
Indian Bank continues to focus on expanding its digital capabilities and network reach:
- Digital Banking: Business of ₹1,98,350 Cr generated through digital channels.
- Mobile Banking Users: Grew by 21% year-over-year.
- Network: The Bank has 5965 domestic branches, 5624 ATMs, and 16,247 Business Correspondents (BCs).
Source: BSE
