IndusInd Bank Q3 FY26 marked a return to profitability, supported by sustained balance sheet optimisation and stable operating performance, according to Rajiv Anand, Managing Director and CEO of IndusInd Bank.
During the quarter, the bank continued to streamline its balance sheet by exiting unprofitable loans and deposits, while maintaining a cautious stance on microfinance disbursements.
This approach contributed to steady operational metrics, with Pre-Provision Operating Profit (PPOP) rising 11% quarter-on-quarter to ₹2,270 crore.
IndusInd Bank Q3 FY26: Key Highlights Consolidated financial results
- Net Interest Income (NII) in Q3 FY26 is at ₹4,562 crores as compared to ₹4,409 crores in Q2 FY26
- NIM at 3.52% for Q3 FY26 as compared to 3.32% for Q2 FY26
- Net profit at ₹128 crores as compared to Net loss of ₹437 crores for Q2 FY26
- Net worth at ₹62,077 crores in Q3 FY26 as compared to ₹62,524 crores in Q2 FY26
- Deposits at ₹3,93,815 crores in Q3 FY26 from ₹3,89,600 crores in Q2 FY26
- Gross NPA and Net NPA ratios at 3.56% and 1.04% compared to 3.60% and 1.04% in Q2 2026
- PCR at 71.50% as of December 31, 2025, from 71.81% in Q2 2026
- CRAR as on December 31, 2025, at 16.94% as compared to 17.10% September 30,2026
- The Bank has healthy liquidity position with LCR of 122% average for Q3 FY26
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IndusInd Bank Q3 FY26: Focus on Asset Quality and Capital Strength
Commenting on IndusInd Bank Q3 FY26, Anand said asset quality trends remained stable across all core businesses, except microfinance, where the industry is now witnessing early signs of recovery.
The bank reported a Profit After Tax of ₹128 crore for the quarter, reflecting a turnaround from the previous quarter.
He further highlighted that the balance sheet continues to remain robust, supported by healthy capital adequacy, excess liquidity, and a steadily reducing stressed asset pool. The bank’s cautious and calibrated strategy is aligned with its outlook on the resilient domestic economic environment.
IndusInd Bank Q3 FY26 Outlook
Expressing confidence in the broader economic recovery, the management reiterated its intent to participate in growth opportunities in a calibrated manner, while maintaining financial discipline and balance sheet strength through the remainder of the financial year.
Also Read: IndusInd Bank Leadership Strengthened with Strategic Senior Appointments
IndusInd Bank Q3 FY26: Profit & Loss Account
- Net Interest Income for the Q3 FY26 at ₹4,562 crores as compared to Q3 FY25 at ₹5,228 crores.
- Fee and other income for the Q3 FY26 at ₹1,707 crores as compared to Q3 FY25 at ₹2,355 crores.
- Core Fee at ₹1,575 crores as against ₹2,123 crores for the corresponding quarter of previous year.
- Yield on Assets stands at 8.78% for the quarter ended December 31, 2025, as against 9.63% for the corresponding quarter of previous year.
- Cost of Fund stands at 5.26% as against 5.70% for corresponding quarter of previous year.
IndusInd Bank Q3 FY26: Balance Sheet as of December 2025
- Balance sheet footage as on December 31, 2025, was ₹5,25,595 crores as against ₹5,49,500 crores as on December 31, 2024
- Deposits as on December 31, 2025, were ₹3,93,815 crores as against ₹4,09,438 crores for December 31, 2024
- CASA deposits are at ₹1,19,104 crores with Current Account deposits at ₹31,416 crores and Savings Account deposits at ₹87,688 crores. CASA deposits comprised 30% of total deposits as on December 31, 2025
- Advances as of December 31, 2025, were ₹3,17,536 crores as against ₹3,66,889 crores previous year
- Total expenditure (Interest expended and Operating expenses) for Q3 FY26 at ₹10,810 crores as compared to ₹11,555 crores for the corresponding Q3 FY25
- Operating expenses for the Q3 FY26 at ₹3,999 crores as against ₹3,982 crores for the corresponding Q3 FY25
- Pre-Provision Operating Profit (PPOP) at ₹2,270 crores for Q3 FY26 as against ₹3,601 crores for corresponding Q3 FY25
- Net profit at ₹128 crores for Q3 FY26 as against Net profit of ₹1,402 crores for corresponding Q3 FY25
