Indian Bank FY26 Net Profit up 11.33% to ₹12156 Cr; Q4 Net Profit ₹3103 Cr
Indian Bank announced its audited financial results for Q4 and FY2025-26, showcasing strong growth and improved asset quality. For FY26, net profit accelerated by 11.33% YoY to ₹12156 crore. In Q4 FY26, net profit increased by 4.97% YoY to ₹3103 crore, with operating profit improving by 5.32% YoY to ₹5286 crore. Net Interest Income (NII) grew by 11.27% YoY to ₹7109 crore in Q4. Total business expanded by 12.79%, driven by a 62% surge in credit sanctions and 12.29% deposit growth, maintaining a domestic CASA ratio of 39.67%. Gross Advances rose by 13.43% YoY to ₹667113 crore, with RAM advances growing by 15.18%. Asset quality significantly improved, with GNPA decreasing by 111 bps YoY to 1.98% and NNPA reducing to 0.15%. The Provision Coverage Ratio (PCR) improved to 98.28%, and Capital Adequacy Ratio stood at 17.93%.
Key Highlights
- FY26 Net Profit rose 11.33% YoY to ₹12156 Cr; Q4 Net Profit was ₹3103 Cr.
- Total business grew 12.79%; Gross Advances increased 13.43% YoY.
- Asset quality improved with GNPA at 1.98% and NNPA at 0.15%.
- Domestic CASA ratio stood at 39.67%; Total Deposits grew 12.29% YoY.
- Capital Adequacy Ratio was 17.93%, with CET-I at 16.40%.
Price Impact