Indian Bank reports strong Q2, H1 profit growth for FY26

Indian Bank reported a robust net profit increase of 11.49% year-on-year to ₹3018 crore for the second quarter (Q2) ended September 30, 2025. This strong performance contributed to a 17.24% year-on-year rise in net profit for the first half of FY26, reaching ₹5991 crore. The bank's global business expanded by 12.34% year-on-year, totaling ₹13.97 lakh crore, with total deposits growing 12.09% year-on-year to ₹776946 crore.

Gross advances saw a 12.65% year-on-year increase to ₹620324 crore, with RAM (Retail, Agriculture & MSME) advances growing 15.57% year-on-year to ₹375660 crore. Asset quality improved significantly, with Gross Non-Performing Assets (GNPA) decreasing by 88 basis points year-on-year to 2.60% and Net Non-Performing Assets (NNPA) reducing by 11 basis points to 0.16% in Q2 FY26.

The bank's Return on Assets (RoA) stood at 1.32% for Q2 FY26 and improved to 1.33% for H1 FY26, alongside a Return on Equity (RoE) of 19.58% in Q2 and 19.93% in H1. Earnings Per Share (EPS) increased to 89.63 in Q2 FY26 from 80.37 in Q2 FY25.