Indian Bank Q4 profit grows 5% YoY

Indian Bank reported a standalone net profit of Rs 3,103 crore for the March-ended quarter, up 5% from Rs 2,956 crore a year ago. Net interest income (NII) rose 11% to Rs 7,110 crore in Q4FY26, compared with Rs 6,389.34 crore in the corresponding quarter of the previous financial year.

The PSU lender earned an interest income of Rs 17,480 crore in Q4FY26 compared to Rs 15,856 crore in the year ago period, recording a 10% jump. It paid Rs 10,371 crore towards interest payments, reporting a 10% growth from Rs 9,467 crore in Q4FY25.

The lender's board recommended a dividend of Rs 18.25 per equity share for the financial year 2025-26.

Indian Bank's profit after tax (PAT) grew 1.4% on a sequential basis from Rs 3,061 crore in the October-December quarter of FY26.

Indian Bank's provisions & Contingencies in the reported quarter stood at Rs 1,226 crore, rising both sequentially from Rs 857 crore in Q3FY26 and year-over-year from Rs 795 crore in Q4FY25.

The gross NPAs fell to 1.98% in Q4FY26 from 2.23% in Q3FY26 and 3.09% in Q4FY25 while net NPAs stood at 0.15% in the same period, down from 0.19% in Q4FY25 and flat on a quarter-on-quarter basis.