Indian Bank on Thursday reported a 10% increase in standalone net profit to ₹3,273 crore for the first quarter of FY27.
The PSU lender had reported a net profit of ₹2,973 crore in the corresponding quarter of FY26.
Net Interest Income grew 16.92% year-on-year to ₹7,435 crore from ₹6,359 crore a year ago, aided by loan growth and improved yields.
The results show the bank maintained momentum in core income despite a competitive lending environment.
Headquartered in Chennai, Indian Bank has been expanding its retail and MSME book while keeping a watch on asset quality. Analysts will be watching for updates on NIMs, slippages and credit growth when the management addresses investors post results.
