Indian Bank Q2 net profit rises 15% to Rs 3,462 crore
16-Oct-2026
Indian Bank reported a 15% year-on-year increase in net profit to Rs 3,462 crore for the second quarter of FY27, supported by growth in both interest and non-interest income. Interest income of the state-run lender rose 15% year-on-year to Rs 19,106 crore, while interest expenses grew at a slower pace of 13.43% to Rs 11,387 crore, helping with a 18% expansion in net interest income to Rs 7,719 crore.
Non-interest income jumped 59% to Rs 3,953 crore, driven by foreign exchange gains and fee income. Operating profit rose 46.58% to Rs 7,090 crore during the quarter. “We had some unlisted share of NSE, which has got listed and we got benefit of that around Rs 1400 crore,” Binod Kumar, MD, Indian Bank told FE.
News Source:- https://www.financialexpress.com/business/banking-finance-indian-bank-q2-net-profit-rises-15-to-rs-3462-crore-4362232/
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