The Hindu·2 min read·medium
IndusInd bank’s Q1FY27 PAT up 47% on lower provisions
T
The Hindu Bureau
✦AI Summary
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%.
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 .
businesseconomy
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in