What happened

IndusInd Bank reported stronger first-quarter results for FY27. Standalone net profit rose to ₹1,002.5 crore, helped by lower provisions and costs. The bank also reported improved core operating performance, with net interest income rising and asset-quality indicators improving.

Key numbers from the quarter

The bank said net interest income increased, net interest margin improved to 3.52%, and provisions for bad loans declined. Gross non-performing assets improved to 3.25%, while net non-performing assets fell to 0.95%.