Money

IndusInd Bank Q3 Results: Profit Declines Sharply Amid Rising Provisions

January 23, 2026

IndusInd Bank reported a significant decline in its net profit for Q3FY26, standing at ₹128 crore, a staggering 91% drop from ₹1,402.35 crore in the same quarter last year. Despite this, the bank turned a profit after a previous net loss of ₹437 crore in Q2FY26, with net interest income slightly rising 3% quarter-on-quarter but falling 13% year-on-year.

IndusInd Bank Q3 Results: Profit Declines Sharply Amid Rising Provisions

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Key Highlights

Net profit for Q3FY26 is ₹128 crore, down 91% YoY.
Profit improved from a loss of ₹437 crore in Q2FY26.
Net interest income (NII) decreased by 13% YoY, but rose 3% sequentially.
Net interest margin (NIM) increased to 3.52% from 3.32% in Q2FY26.
Total expenditure for Q3FY26 was ₹10,810 crore compared to ₹11,555 crore in Q3FY25.

Business

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

IndusInd Bank Q3 Results: Profit Declines Sharply Amid Rising Provisions

Key Highlights

Sources

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