Indian Bank Q4 Results: Standalone profit grows 5% YoY to Rs 3,103 crore; Rs 18.25/share dividend declared

Indian Bank reported a standalone net profit of Rs 3,103 crore for the March-ended quarter, up 5% from Rs 2,956 crore a year ago. Net interest income (NII) rose 11% to Rs 7,110 crore in Q4FY26, compared with Rs 6,389.34 crore in the corresponding quarter of the previous financial year.

The PSU lender earned an interest income of Rs 17,480 crore in Q4FY26 compared to Rs 15,856 crore in the year ago period, recording a 10% jump. It paid Rs 10,371 crore towards interest payments, reporting a 10% growth from Rs 9,467 crore in Q4FY25.

The lender’s board recommended a dividend of Rs 18.25 per equity share for the financial year 2025-26.

The board also approved the company’s plans to raise equity capital aggregating up to Rs 5,000 crore through various modes, including qualified institutional placement (QIP)/ follow-on public offer (FPO) or rights issue or a combination of the above modes.

Indian Bank’s profit after tax (PAT) grew 1.4% on a sequential basis from Rs 3,061 crore in the October-December quarter of FY26.

Indian Bank’s provisions & Contingencies in the reported quarter stood at Rs 1,226 crore, rising both sequentially from Rs 857 crore in Q3FY26 and year-over-year from Rs 795 crore in Q4FY25.Its shares jumped 5% from the day’s low of Rs 881.60 on the NSE to hit the day’s high of Rs 925.65 following the announcement of its results.

Asset Quality

The gross NPAs fell to 1.98% in Q4FY26 from 2.23% in Q3FY26 and 3.09% in Q4FY25 while net NPAs stood at 0.15% in the same period, down from 0.19% in Q4FY25 and flat on a quarter-on-quarter basis. (Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)