Indian Bank shares rose 2.6% after its quarterly business update showed net profit up 11% to ₹3,108 crore, total income up 7% to ₹19,271 crore, and gross NPAs improving to 2.6%. The strong results boosted investor confidence, highlighting the bank’s resilience and growth momentum in FY26.
Indian Bank (INBA.NS) saw its shares climb 2.6% in Friday’s trade (January 2, 2026, 11:43 AM IST) following the release of its quarterly business update, which highlighted robust growth in profitability and improved asset quality. The rally reflects investor confidence in the bank’s operational performance and strategic outlook.
Key highlights from the update include:
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Net profit rose 11% year-on-year to ₹3,108 crore in Q2 FY26, compared to ₹2,799 crore in the same quarter last year.
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Total income increased 7% to ₹19,271 crore, driven by higher interest earnings and strong deposit growth.
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The bank’s gross non-performing assets (NPA) improved to 2.6%, down from 3.48% a year earlier, signaling healthier asset quality.
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Analysts noted that Indian Bank’s focus on retail lending, digital banking, and infrastructure financing has strengthened its growth trajectory.
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The positive update boosted investor sentiment, with shares trading higher on expectations of sustained earnings momentum and improved capital efficiency.
This quarterly performance underscores Indian Bank’s resilience as a public sector lender, positioning it strongly in India’s competitive banking landscape.
Sources: Business Standard, MarketsMojo, Value Research Online