Indian Bank reported a steady performance in Q4 FY26, with moderate profit growth, strong net interest income expansion, and improving asset quality, though provisions saw a sharp sequential jump.
The bank posted a net profit of ₹3,100 crore in Q4, compared to ₹2,956 crore in the same period last year, registering a growth of 4.9% YoY, reflecting stable earnings momentum.
Net Interest Income (NII) came in at ₹7,110 crore versus ₹6,389 crore YoY, marking a robust increase of 11.29%, driven by improved lending performance and stable margins.
On the asset quality front, the bank showed continued improvement. Gross Non-Performing Assets (GNPA) declined to 1.98% from 2.23% QoQ, indicating a reduction of 11.21%, highlighting better recovery and lower slippages. Net NPA remained stable at 0.15% QoQ, showing no change sequentially.
However, provisions for NPAs saw a sharp rise, coming in at ₹747 crore compared to ₹315 crore in the previous quarter, reflecting a significant increase of 137.14% QoQ.
In a positive move for shareholders, the bank has recommended a dividend of ₹18.25 per equity share, which translates to 182.50% of the paid-up equity capital for the financial year 2025–26.