Indian Bank Q2 FY27 Net Profit Up 14.71% YoY to ₹3,462 Cr

Indian Bank reported its unaudited financial results for the second quarter and half-year ended September 30, 2026. The bank witnessed a significant 14.22% year-on-year increase in total business, with gross advances growing by 16.39% driven by strong traction in Retail, Agriculture, and MSME (RAM) portfolios. Deposits rose by 12.50%, maintaining a healthy CASA ratio of 39.36%. Net profit surged by 14.71% YoY to ₹3,462 Cr, attributed to improved operational efficiency, steady Net Interest Margins (NIM), and disciplined cost management. Operating profit saw a substantial 46.58% YoY growth, and non-interest income increased by 59% YoY. The bank's cost-to-income ratio improved to 39.25%, and asset quality strengthened with GNPA at 1.61% and NNPA at 0.14%. Digital transactions accounted for 96% of the total.