Indian Bank Q2 FY27: net profit up 14.71% to ₹3462 Cr, advances up 16.39%, GNPA down to 1.61%
Q2FY27 net profit up 14.71% YoY to ₹3462 Cr; advances up 16.39%, deposits up 12.50%; GNPA 1.61%, NNPA 0.14%.
By ScoutQuest · · 1 min read
- Net Profit YoY
- net profit up 14.71% YoY to ₹3462 Cr
- GNPA
- GNPA fell to 1.61% from 2.60% a year earlier
- FY27 Guidance
- advances growth 13%-14%, deposits 11%-12%, NIM 3.10%-3.25%, RoA 1.20%-1.30%, GNPA 1.50%-1.60%
- Period
- Q2 and H1 FY27, quarter ended 30.09.2026
- Positioning
- A public sector bank with total business of ₹1596018 Cr as on 30.09.2026, RAM segments forming 67.04% of gross domestic advances, and all RBI priority sector targets surpassed.
📈 Q2FY27 net profit rose 14.71% YoY to ₹3462 Cr, operating profit jumped 46.58% to ₹7090 Cr on non-interest income up 58.95%, while provisions rose 200.68% to ₹2222 Cr. NII grew 17.83% to ₹7719 Cr.
📌 Business reached ₹1596018 Cr, up 14.22%; advances grew 16.39% to ₹721982 Cr, led by MSME (19.06%), retail (17.37%) and agriculture (17.18%), while corporate grew 9.92%. CD ratio rose to 82.60%.
📉 Asset quality improved: GNPA fell to 1.61% from 2.60% a year earlier, NNPA 0.14%, PCR including technical write-off 98.22%, credit cost 0.22%. CRAR eased to 16.21% from 17.58% in June as RWAs rose.
📌 Management guides FY27 advances growth of 13%-14%, deposits 11%-12%, NIM 3.10%-3.25% and RoA 1.20%-1.30%, with recovery of ₹4500 Cr-₹5500 Cr; H1 actuals of 16.39% advances growth and 3.30% NIM run above these ranges, while CD ratio is guided to about 80%.
Also from Indian Bank
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24 Oct 2026
Indian Bank raises rates on Ind Grow (555 days) and Ind Prosper (777 days) retail term deposits
23 Oct 2026
Indian Bank files Q2 FY27 post-earnings concall transcript; net profit up 14.71% to Rs.3,462 crore
21 Oct 2026
More numbers
- Net profit, Q2FY273462 (₹ in Cr)
- Net profit YoY growth, Q2FY2714.71
- Operating profit, Q2FY277090 (₹ in Cr)
- Net interest income, Q2FY277719 (₹ in Cr)
- Provisions (excl. taxes), Q2FY272222 (₹ in Cr)
- Total business, 30.09.20261596018 (₹ in Cr)
- Advances, 30.09.2026721982 (₹ in Cr)
- Deposits, 30.09.2026874036 (₹ in Cr)
- Advances YoY growth16.39
- Gross NPA %, 30.09.20261.61
- Net NPA %, 30.09.20260.14
- CRAR, 30.09.202616.21
- NIM, H1FY273.30%
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