IndusInd Bank Q1 profit drops 68% YoY to ₹684 cr; provisions surge
By : Sandhya
IndusInd Bank Q1 results: Private sector institutional lender, IndusInd Bank, announced its April to June quarter results for the financial year 2025-26, according to an exchange filing. The company recorded a 68% fall in its net profits for the first quarter at ₹684 crore, compared on a year-on-year (YoY) basis with ₹2,152.16 crore in the same period a year ago, as per the standalone financial statements.
The private sector lender's interest income also dropped by 2.2% to ₹12,263.88 crore in the April-June quarter, compared to ₹12,546 crore in the same period a year ago, the company informed the BSE through the filing.
IndusInd Bank increased its provisions for bad loans by nearly 66% to ₹1,737.78 crore for the April-June quarter of the 2025-26 fiscal year, compared year-on-year (YoY) to its previous level of ₹1,049.84 crore in the same period a year ago.