Indian Bank Q1 FY27 Results: Net Profit Rises 10% to ₹3,273 Crore, Share Price Rises Over 8%

Indian Bank announced its financial results for the quarter ended June 30, 2026, reporting steady growth across key business parameters. The bank posted higher profit, strong growth in advances and deposits, improved asset quality, and continued expansion in digital banking.

The bank's total business increased by 13.66% year-on-year (YoY) to ₹15,29,201 crore, supported by growth in both loans and deposits.

Indian Bank Q1 FY27 Results: Net Profit and Operating Performance

Indian Bank reported a net profit of ₹3,273 crore in the June 2026 quarter, up 10.09% from ₹2,973 crore in the same quarter last year.

The bank's operating profit rose 16.50% YoY to ₹5,557 crore, while Net Interest Income (NII) increased 16.92% to ₹7,435 crore, reflecting healthy growth in its core lending business.

The Domestic Net Interest Margin (NIM) improved to 3.41% from 3.35% a year earlier. The cost-to-income ratio declined to 44.80%, indicating improved operational efficiency.

The cost of deposits reduced to 4.80%, while the cost of funds declined to 4.83% during the quarter.

Loan Book and Advances Growth

Indian Bank's gross advances increased 13.89% YoY to ₹6,84,623 crore.

The bank's Retail, Agriculture and MSME (RAM) advances grew 14.80% to ₹4,16,992 crore, accounting for 66% of gross domestic advances.

Among individual segments:

• Retail advances increased 18.74% YoY
• Agriculture advances grew 9.96% YoY
• MSME advances rose 17.03% YoY
• Home loans (including mortgage loans) increased 13.36% YoY 

The bank's priority sector advances stood at ₹2,36,720 crore, representing 45.36% of Adjusted Net Bank Credit (ANBC), exceeding the regulatory requirement of 40%.

Deposits and CASA Performance

Total deposits grew 13.47% YoY to ₹8,44,578 crore.

The bank's Domestic CASA ratio improved to 39.73%, compared with 38.97% in the corresponding quarter last year, reflecting continued growth in low-cost deposits.

The Credit-Deposit (CD) ratio also improved to 81.06%.

Read More: Protean eGov Share Price in Focus as Company Grants 3,39,665 Stock Options Under ESOP 2017!

Asset Quality Continues to Improve

Indian Bank reported further improvement in its asset quality during the quarter.

• Gross Non-Performing Asset (GNPA) ratio declined to 1.86%, from 3.01% a year ago.
• Net NPA (NNPA) ratio improved to 0.15%, compared with 0.18% in June 2025.
• Provision Coverage Ratio (PCR) stood at 98.22%.
• Slippage ratio declined to 0.77% from 0.94%.
• Credit cost improved to 0.23%, compared with 0.28% a year earlier.

These improvements indicate stronger asset quality and lower stress in the loan portfolio.

Indian Bank Quarter-on-Quarter Performance

Compared with the March 2026 quarter:

• Net profit increased from ₹3,103 crore to ₹3,273 crore.
• Domestic NIM improved from 3.35% to 3.41%.
• Return on Assets (RoA) increased to 1.31%.
• Return on Equity (RoE) improved to 19.48%.
• Earnings Per Share (EPS) rose to ₹97.20 from ₹92.15.
• Book Value per Share increased to ₹510.72.
• GNPA ratio declined from 1.98% to 1.86%, while NNPA remained stable at 0.15%. 

Indian Bank Share Price Movement

As of July 10, 2026, at 1:23 pm, Indian Bank share price (NSE: INDIANB ) was trading at ₹850.45, up 7.22% (₹57.30) for the day. The stock opened at ₹800.00, touched an intraday high of ₹872.45, and a low of ₹794.75. 

Conclusion

Indian Bank delivered a strong performance in the first quarter of FY27, supported by double-digit growth in advances, deposits and profitability. The bank also reported better asset quality, higher digital adoption and improved operational efficiency. With a strong capital base and continued focus on retail lending, digital banking and customer service, the bank remains well positioned to support future growth.

For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.