IndusInd Bank Q1 FY27 profit jumps 72% to ₹1,037 Cr as NII stays flat

The profit jump was driven primarily by lower credit provisions. With asset quality stabilizing and write-offs moderating, the bank set aside significantly less capital for bad loans compared to a year ago.

Core interest margins remain under pressure amid elevated deposit costs, a challenge shared by many private lenders. The bottom-line expansion this quarter came from balance-sheet cleanup rather than aggressive lending growth.