Indian Bank Reports Robust Q1 Growth with 24% Profit Surge

Indian Bank reported a significant 24% increase in net profit for Q1 2025-26, rising to Rs 2,973 crore. Improved asset quality and a rise in operating profits contributed to this growth. The bank's capital adequacy ratio increased, showing strong financial health despite a decline in provisions and contingencies.

State-owned Indian Bank announced a robust performance in the first quarter of the fiscal year 2025-26, with net profit soaring by 24% to Rs 2,973 crore.

The Chennai-based bank's total income also saw an increase, reaching Rs 18,721 crore, up from Rs 16,945 crore during the same period last year.

This impressive growth was underpinned by a notable improvement in asset quality and a reduction in non-performing assets, with the capital adequacy ratio climbing to 17.80%, reflecting the bank's strengthened financial position.

(With inputs from agencies.)