Indian Bank has announced its financial results for the first quarter of FY26, delivering strong performance on multiple fronts. The bank reported a 23.7% year-on-year rise in net profit, which stood at ₹2,973 crore, up from ₹2,403 crore in the same quarter last year. This solid growth reflects improved operational efficiency and better asset quality.
Net interest income (NII), a key measure of a bank’s core earnings, rose 2.9% to ₹6,359 crore compared to ₹6,178 crore in Q1 of the previous fiscal. While the growth in NII was moderate, the improvement in profitability highlights disciplined cost management and healthy credit demand.
Asset quality showed a positive trend as well. Gross Non-Performing Assets (NPA) improved slightly to 3.01% from 3.09% in the previous quarter, while Net NPA also declined marginally to 0.18% from 0.19% QoQ.
In the meantime, Indian Bank shares opened at ₹627.50 and touched a high of ₹647.50 during the day. The stock also hit a low of ₹625.25. It is trading close to its 52-week high of ₹658.50. The 52-week low stands at ₹473.90.
