Net profit beats estimates, asset quality weakens

IndusInd Bank Q1 Results Live Updates: IndusInd Bank reported a consolidated profit after tax (PAT) of ₹604 crore for Q1FY26, down 72% year-on-year. Net Interest Income stood at ₹4,640 crore, reflecting a 14% decline compared to the same period last year. Fresh slippages improved to ₹2,567 crore from ₹5,014 crore in the previous quarter. However, asset quality showed signs of stress, with Gross NPA rising to 3.64% from 3.13% QoQ and Net NPA increasing to 1.12% from 0.95%. The bank maintained a Provision Coverage Ratio (PCR) of 70%, cushioning potential credit risks despite the rising NPAs.  Watch this space for all the live developments.IndusInd Bank Q1 Results Live Updates: IndusInd Bank reported a consolidated profit after tax (PAT) of ₹604 crore for Q1FY26, down 72% year-on-year. Net Interest Income stood at ₹4,640 crore, reflecting a 14% decline compared to the same period last year. Fresh slippages improved to ₹2,567 crore from ₹5,014 crore in the previous quarter. However, asset quality showed signs of stress, with Gross NPA rising to 3.64% from 3.13% QoQ and Net NPA increasing to 1.12% from 0.95%. The bank maintained a Provision Coverage Ratio (PCR) of 70%, cushioning potential credit risks despite the rising NPAs.  Watch this space for all the live developments.

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