INDIAN BANK Q4 FY26 Results

Summary

Indian Bank reported a strong financial performance for both the fourth quarter and the full financial year ended March 31, 2026. For FY26, net profit accelerated by 11.33% year-on-year to ₹12156 crore, while Q4 FY26 net profit grew by 4.97% to ₹3103 crore. The bank recorded robust total business growth of 12.79%, driven by a significant 13.43% rise in Gross Advances to ₹667113 crore and a 12.29% increase in Total Deposits to ₹827726 crore. Asset quality improved markedly, with GNPA decreasing by 111 basis points to 1.98% and NNPA standing at a low 0.15%, supported by a strong Provision Coverage Ratio of 98.28%. The Cost to Income Ratio also reduced both year-on-year and quarter-on-quarter, reflecting operational efficiency.

Key Highlights

1. 1

   Indian Bank’s net profit accelerated by 11.33% year-on-year to ₹12156 crore for the full financial year 2025-26, up from ₹10918 crore in FY25.

2. 2

   For the fourth quarter ended March 2026, net profit grew by 4.97% year-on-year to ₹3103 crore, an increase from ₹2956 crore in March 2025.

3. 3

   Total business demonstrated robust growth of 12.79%, with gross advances increasing by 13.43% year-on-year to ₹667113 crore and total deposits growing by 12.29% year-on-year to ₹827726 crore.

4. 4

   Asset quality significantly improved with Gross Non-Performing Assets (GNPA%) decreasing by 111 basis points year-on-year to 1.98% in March 2026, and Net NPA (NNPA%) reduced by 4 basis points to 0.15%.

5. 5

   The bank's Operating Profit improved by 5.32% year-on-year to ₹5286 crore in Q4 FY26, while Net Interest Income increased by 11.27% year-on-year to ₹7109 crore.

6. 6

   The Capital Adequacy Ratio stood at 17.93%, with CET-I improving by 104 basis points year-on-year to 16.40%, and the Domestic CASA ratio was maintained at a healthy 39.67%.

7. 7

   RAM (Retail, Agriculture & MSME) advances grew strongly by 15.18% year-on-year to ₹404126 crore, contributing 65.45% to gross domestic advances.