Indian Bank Q1 Result: Profit Jumps 10%, Net Interest Income Up 17% YoY, PSU Lender Stock Zooms 10%

Indian Bank Q1 Result: Shares of Indian Bank rallied nearly 10% after the PSU lender reported 10% jump in its net profit for the first quarter of financial year 2026-27. The PSU bank reported a 17% annual jump in its net interest income (NII) in Q1FY27.

Indian Bank share price was trading 9.84% higher at Rs 871 per share on BSE with a market capitalisation of Rs 1,17,320.56 crore. The stock had touched an intraday high of Rs 872.45 per share followed by nearly 7.54 times spurt in volume.

Indian Bank Q1 Result Today

The Chennai-headquartered bank reported a 10% annual surge in its net profit to Rs 3,273 crore in the first quarter of financial year 2026-27. The PSU lender reported a 13.89% surge in gross advances. Its deposits surged by 13.47% anchored by a robust CASA share of 39.73%. Indian Bank's asset quality remained resilient, with gross non performing assets (GNPA) ratio standing at 1.86%.

The operating profit surged by 16.5% on an annual basis to Rs 5557 crore in June 2026 from Rs 4770 crore in June 2025. Bank's domestic net interest margin (NIM) improved to 3.41% in June 2026 from 3.35% in June 2025. Gross advances surged by 13.89% on an annual basis to Rs 684623 crore in June 2026 from Rs 601147 crore in June 2025.

Total deposits surged by 13.47% on an annual basis and reached to Rs 84,4578 crore in June 2026 as against Rs 744289 crore in June 2025.

Indian Bank Q1 Result Highlights

Domestic net interest margin (NIM) increased to 3.41% in June 2026 from 3.35% in March 2026. Cost of Deposits (CoD) fell by 3 bps to 4.80% in June 2026 from 4.83% in March 2026. The bank's return on assets (RoA) surged by 3 bps to 1.31% in June 2026 from 1.28% in March 2026. Indian Bank's earnings per share (EPS) increased to Rs 97.20 in June 2026 from Rs 92.15 in March 2026

Indian Bank Q1 Result: Digital Banking, Branch Expansion

Its total number of branches (including 3 DBUs) stood at 6003 by the end of the first quarter of FY27. It included 2011 Rural branches, 1606 Semi-Urban branches, 1195 Urban branches and 1191 branches in Metro category. The Bank has 3 overseas branches and 1 IBU (Gift City Branch).

Indian Bank Share Price Trend

Indian Bank stock surged nearly 10% during Friday's intraday trading session. The stock had touched its 52-week high mark of Rs 1,000.05 per share on April 15, 2026. The stock dipped to its 52-week low mark of Rs 605.55 per share on July 31, 2025. The stock has a return on equity (ROE) of 18.96%. Its share price value has 4.06% in one month and around 37% return in one year.