IndusInd Bank Q3 Profit Plummets 89%, NII Down; Stock Impact Expected

• IndusInd Bank reported an 89% year-on-year drop in net profit to ₹161.16 crore for Q3 FY2026.
• Net Interest Income (NII) also decreased by 12.75% year-on-year to ₹4561.65 crore.
• Despite the year-on-year decline, profit increased quarter-on-quarter due to reduced provisions.
• Gross NPA improved slightly to 3.56%, while net NPA remained stable at 1.04%.
• MD & CEO Rajiv Anand highlighted focus on reducing non-profitable loans and improving balance sheet, with operating performance largely stable.

Why It Matters: IndusInd Bank's Q3 FY2026 profit significantly declined year-on-year, impacting its stock performance.