Shares of IndusInd Bank will remain in focus today, October 26, as private lender swung back to profit in the second quarter of the financial year 2026-27. Several global brokerages evaluated the private lender's July-September quarter performance, with most highlighting improving asset quality, stronger fee income and lower credit costs. However, the brokerage highlighted that continued pressure on net interest margins (NIM) and uncertainty over the pace of recovery will remain key concerns.
Shares of IndusInd Bank on Monday opened unchanged at Rs 835, against the previous day’s close and rose 2.05 percent to Rs 852.10, on the BSE at the time of writing the report at around 10.10 am.
IndusInd Bank reported a net profit of Rs 1,242 crore in the second quarter, compared with a net loss of Rs 437 crore in the corresponding quarter of last year.
The post-tax net profit in the second quarter was 20 percent higher than the Rs 1,037 crore it had reported for the preceding June quarter.
Its core net interest income (NII) rose 4 percent year-on-year (YoY) to Rs 4,569 crore but slipped 2 per cent quarter-on-quarter, according to the bank.