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The Hindu·2 min read·medium

IndusInd bank’s Q1FY27 PAT up 47% on lower provisions

T
The Hindu Bureau
IndusInd bank’s Q1FY27 PAT up 47% on lower provisions
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IndusInd Bank reported a 46.5% year-on-year increase in net profit for Q1FY27, reaching ₹1,002.5 crore. The growth was driven by lower provisions for bad loans and improved asset quality, with gross non-performing assets declining to 3.25%.

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Private sector lender IndusInd Bank Ltd’s standalone net profit increased 46.5% year-on-year (YoY) to ₹1,002.5 crore in the first quarter (Q1) of FY27 on lower provisions and costs .

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