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Business

Indian Bank Q2FY27 result: Net profit rises 15% to ₹3,462 cr, income up 21%

Business Standard ·
Indian Bank Q2FY27 result: Net profit rises 15% to ₹3,462 cr, income up 21%

Indian Bank on Thursday reported a 15 per cent rise in net profit to Rs 3,462 crore for the second quarter ended September 30.

The Chennai-based public sector lender posted a net profit of Rs 3,018 crore in the same period of the previous fiscal.

Its total income increased to Rs 23,059 crore in the second quarter from Rs 19,077 crore a year ago, Indian Bank said in a regulatory filing.

Interest income rose to Rs 19,106 crore in the September quarter of FY27 from Rs 16,590 crore in the year-ago period.

The operating profit also increased to Rs 7,090 crore against Rs 4,837 crore in the same quarter a year ago.

In terms of asset quality, gross non-performing assets (NPAs) of the bank moderated to 1.61 per cent of gross advances at the end of September 2026 compared to 2.6 per cent a year ago.

Similarly, net NPAs or bad loans came down to 0.14 per cent at the end of September 2026 compared to 0.16 per cent at the end of September 2025.

Provisioning against bad loans came down to Rs

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