The State-run Indian Bank’s first-quarter 2025-2026 net profit increased 23.69% to ₹2,973 crore from ₹2,403 crore in the same period last year, driven by growth in non-interest income and lower slippages.
Net Interest Income increased by 2.93% to ₹6,359 crore in the April-June quarter of 2025-2026 from ₹6,178 crore in the comparable period last year.
The bank’s net interest margin declined to 3.23% in the first quarter of 2025-2026 from 3.44% in the comparable period last year, impacted by the repo rate cuts by the Reserve Bank of India (RBI).
Non-interest income grew 27.94% to ₹2,439 crore in the April-June quarter of 2025-2026, from ₹1,906 crore last year.
In the first quarter of 2025-26, Indian Bank’s overall deposits grew 9.26% to ₹7,44,289 crore from ₹6,811,83 crore, while gross advances increased by 11.50% to ₹6,0,1147 crore from ₹5,39,123 crore.
RAM (Retail, Agriculture & MSME) advances grew by 15.93% ₹3,63,221 crore in the April-June quarter, 2025-2026 from ₹3,13,301 crore last year.
Slippage Ratio decreased to 0.94% in the first quarter, when compared to 1.50% last year.
Gross Non-Performing Asset (NPA) decreased by 76 basis points to 3.01% in the first quarter, from 3.77% last year, while Net NPA declined to 0.18% from 0.39%.
In a post earnings press conference, Binod Kumar, Managing Director & CEO of Indian Bank said the bank is confident of achieving credit growth of 10-12% credit growth for FY26.
Published – July 24, 2025 05:34 pm IST
