IndusInd Bank Q1 Profit Drops 68%

  Published 10 months ago

IndusInd Bank's Q1 FY26 net profit plunged 68% due to lower income and higher provisions for bad loans.

  • Interest income declined 2.2% YoY to ₹12,263.88 crore amid weakening core banking performance during the April-June quarter.
  • Provisions for bad loans surged 66% YoY to ₹1,737.78 crore, reflecting rising stress in the loan portfolio.
  • Gross NPA rose to 3.64% and Net NPA to 1.12%, indicating deteriorating asset quality and rising default risks.
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