Indian Bank Share Price in Focus After Q2 FY27 Earnings Results: Total Income Up 21.1% YoY

On October 15, 2026, Indian Bank has released its consolidated financial results for the quarter ending September 30, 2026, showcasing a robust performance, as per the exchange filings.  

The bank's total income increased by 21.1% year-on-year (YoY) to ₹23,335.98 crore, while its net profit rose by 13.9% YoY to ₹3,540.71 crore.  

Indian Bank Q2 FY27 Earnings Results 

In the September 2026 quarter, Indian Bank's total income reached ₹23,335.98 crore, up from ₹19,271.09 crore in the same period last year.  

Net profit for the quarter stood at ₹3,540.71 crore, compared to ₹3,107.97 crore a year ago. The bank's operating profit saw a substantial increase of 46.58%, reaching ₹7,090 crore. 

Net interest income for the quarter rose by 17.83% YoY to ₹7,719 crore, supported by stable domestic net interest margins of 3.42%.  

Non-interest income surged by 59% YoY, contributing ₹3,953 crore, with fee-based avenues expanding by 10.76% quarter-on-quarter to ₹1,030 crore. 

Deposit and Credit Growth 

Indian Bank's total deposit balances grew by 12.50% YoY, ending the quarter at ₹8,74,036 crore. The domestic current and savings account ratio was at 39.36%. Gross advances expanded by 16.39% YoY, reaching ₹7,21,982 crore, with the credit-to-deposit ratio at 82.60%. 

The core RAM segment advanced by 17.74% YoY, with priority sector loans surpassing regulatory goals at ₹2,57,647 crore. Bulk deposits were strategically reduced by 5.60% quarter-on-quarter, while fresh FCNR(B) inflows amounted to ₹22,486 crore. 

Read More: SS Retail Share Price Gains Over 14% After Q1 FY27 Earnings Results: Total Revenue Up 59% YoY! 

Asset Quality and Operational Efficiency 

Indian Bank's asset quality improved, with gross non-performing assets dropping by 99 basis points YoY to 1.61%. Net non-performing assets settled at 0.14%, and the provision coverage ratio, including technical write-offs, was at 98.22%. The asset slippage ratio was contained at 0.69%. 

The bank's cost-to-income ratio improved by 723 basis points sequentially to 39.25%. Return on average assets was 1.31%, while return on equity capital was 19.65%. The capital adequacy ratio stood at 16.21%. 

Network and Recognitions 

Indian Bank operates 6,017 domestic branches, including 2,013 rural and 1,611 semi-urban locations. It has 5,678 ATMs and 18,379 business correspondents.  

The bank received several accolades, including the Best PSB Award 2024–25 and the Golden Peacock Award for Excellence in AI in 2026. 

Indian Bank Share Price Performance 

As of October 15, 2026, at 2:44 PM, Indian Bank share price on NSE was trading at ₹840.05, down by 1.11% from the previous closing price.  

Conclusion 

Indian Bank's financial results for the September 2026 quarter highlight a 21.1% YoY increase in total income to ₹23,335.98 crore and a 13.9% YoY rise in net profit to ₹3,540.71 crore. The bank's asset quality improved, with gross non-performing assets at 1.61% and a provision coverage ratio of 98.22%. 

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