INDUSIND BANK (INDUSINDBK)
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IndusInd Bank Shares Rise 2% After Q2 Profit Swing
IndusInd Bank shares gained about 2% after the lender reported Q2 results showing a swing back to profit, bucking the broader market trend. Jefferies trimmed its target price on the stock despite the profit turnaround, while analysts debate how much further the stock can run post-results. The positive price action signals investor relief over the earnings recovery.
IndusInd Bank posts ₹1,176 crore Q2 profit as provisions halve
IndusInd Bank posted a standalone net profit of ₹1176 crore as the private bank halved its provisions in the quarter-ended September 30 2026, as against a loss of ₹445 crore in the year ago period. The bank however increased its net profit by 17.3 per cent sequentially. The bank’s net interest income (NII) increased 3.6 per cent to ₹4569.5 crore in the reporting quarter as against ₹4409.4 crore in the corresponding quarter of last year.
IndusInd Bank swings to Q2 profit as gross NPA falls to 3%
IndusInd Bank Q2 Results: Lender swings to profit as gross NPA falls to 3%; beats estimates - Published OnOct 23, 2026 | 16:28 IST - Last Updated OnOct 23, 2026 | 16:30 IST IndusInd Bank reported a September quarter net profit of ₹1,242 crore, beating poll estimates and turning around from a loss of ₹437 crore a year ago. Net interest income rose 3.6% YoY to ₹4,569 crore. Asset quality improved as the gross NPA ratio declined to 2.73% from 3.25% in the previous quarter...
IndusInd Bank profit surges 72%
Pre-provision operating profit stood at Rs 2,773 crore, against Rs 2,567 crore in the previous year quarter. Net interest margin improved to 3.57% from 3.46% in the corresponding quarter of the previous year. Fee and other income fell to Rs 1,787 crore from Rs 2,157 crore a year earlier.
IIFL Finance profit triples in Q1
IIFL Finance reported a nearly threefold increase in its net profit for the first quarter, driven by higher non-interest income and declining provisions. The company's strong performance surpassed market expectations.
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