IndusInd Bank share price gained 6% on Monday after the private sector lender swung into profit in the fourth quarter of FY26. IndusInd Bank shares rose as much as 5.99% to ₹899.15 apiece on the BSE.
IndusInd Bank reported a net profit of ₹594.2 crore in the fiscal fourth quarter ended March 31, 2026, as against a loss of ₹2,236 crore in the year-ago period. The bank’s net interest income (NII) increased 43.4% year-on-year (YoY) to ₹4,372 crore, while the net interest margin (NIM) improved to 3.39% from 2.25%.
IndusInd Bank’s provisions and contingencies in Q4FY26 dropped to ₹1,484 crore, down 38.6% YoY, and down 29% sequentially. Asset quality improved, with gross non-performing assets (NPA) ratio falling to 3.43% in the March quarter from 3.56% in the previous quarter.
The lender also declared a final dividend of ₹1.5 per share for FY26. IndusInd Bank dividend record date is June 26, Friday.
At 9:20 AM, IndusInd Bank share price was trading 5.15% higher at ₹892.00 apiece on the BSE.
(More to come)