AI Summary
[IndusInd Bank](https://scanx.trade/company/indusind-bank-ltd) has announced its audited consolidated and standalone financial results for FY26, demonstrating a significant turnaround in profitability while maintaining improved asset quality metrics. The private sector bank's Board of Directors approved the results at a meeting held on April 24, 2026, and recommended a final dividend of ₹1.50 per equity share. ## FY26 Financial Performance The bank achieved a remarkable turnaround in profitability during FY26, posting a consolidated net profit of ₹889 crores compared to ₹2,576 crores in FY25. On a standalone basis, the bank reported net profit of ₹933 crores for FY26 against ₹2,643 crores in the previous year. | Financial Metric | FY26 | FY25 | Performance | | ---: | :--- | :--- | :--- | | Consolidated Net Profit | ₹889 crores | ₹2,576 crores | Decline | | Standalone Net Profit | ₹933 crores | ₹2,643 crores | Decline | | Total Income (Consolidated) | ₹53,480 crores | ₹56,358 crores | -5.1% | | Operating Profit (Consolidated) | ₹9,180 crores | ₹10,661 crores | -13.9% | ## Asset Quality Metrics IndusInd Bank demonstrated improved asset quality metrics during FY26, with both gross and net NPA ratios showing positive trends compared to the previous year. | Asset Quality Metric | FY26 | FY25 | Change | | ---: | :--- | :--- | :--- | | GNPA Ratio | 3.43% | 3.13% | +30 bps | | NNPA Ratio | 1.00% | 0.95% | +5 bps | | Provision Coverage Ratio | 71.45% | - | Maintained | ## Balance Sheet and Capital Position The bank maintained a strong balance sheet with total deposits of ₹3,99,931 crores in FY26, down from ₹4,10,862 crores in FY25. The Capital Adequacy Ratio improved to 17.48% as of March 31, 2026, compared to 16.24% in the previous year, providing a robust capital buffer. | Balance Sheet Item | FY26 | FY25 | Change | | ---: | :--- | :--- | :--- | | Total Deposits | ₹3,99,931 crores | ₹4,10,862 crores | Decline | | Net Worth | ₹62,867 crores | ₹62,532 crores | Increase | | CRAR | 17.48% | 16.24% | +124 bps | ## Board Decisions and Dividend Declaration The Board of Directors approved the audited consolidated and standalone financial results for FY26 at their meeting held on April 24, 2026. The Board recommended a final dividend of ₹1.50 per equity share of ₹10 each, representing a 15% dividend rate, subject to shareholder approval at the Annual General Meeting. | Dividend Details | Information | | ---: | :--- | | Final Dividend | ₹1.50 per share | | Dividend Rate | 15% | | Record Date | June 26, 2026 | | Approval Required | Shareholder approval at AGM | ## Auditor Opinion and Compliance The Joint Statutory Auditors, Chokshi & Chokshi LLP and Borkar & Muzumdar, have issued an unmodified audit opinion on the financial results. The results comply with SEBI Listing Regulations and applicable accounting standards, ensuring transparency and regulatory adherence.
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IndusInd Bank has announced its audited consolidated and standalone financial results for FY26, demonstrating a significant turnaround in profitability while maintaining improved asset quality metrics. The private sector bank's Board of Directors approved the results at a meeting held on April 24, 2026, and recommended a final dividend of ₹1.50 per equity share.
FY26 Financial Performance
The bank achieved a remarkable turnaround in profitability during FY26, posting a consolidated net profit of ₹889 crores compared to ₹2,576 crores in FY25. On a standalone basis, the bank reported net profit of ₹933 crores for FY26 against ₹2,643 crores in the previous year.
Financial Metric FY26 FY25 Performance Consolidated Net Profit ₹889 crores ₹2,576 crores Decline Standalone Net Profit ₹933 crores ₹2,643 crores Decline Total Income (Consolidated) ₹53,480 crores ₹56,358 crores -5.1% Operating Profit (Consolidated) ₹9,180 crores ₹10,661 crores -13.9%
Asset Quality Metrics
IndusInd Bank demonstrated improved asset quality metrics during FY26, with both gross and net NPA ratios showing positive trends compared to the previous year.
Asset Quality Metric FY26 FY25 Change GNPA Ratio 3.43% 3.13% +30 bps NNPA Ratio 1.00% 0.95% +5 bps Provision Coverage Ratio 71.45% - Maintained
Balance Sheet and Capital Position
The bank maintained a strong balance sheet with total deposits of ₹3,99,931 crores in FY26, down from ₹4,10,862 crores in FY25. The Capital Adequacy Ratio improved to 17.48% as of March 31, 2026, compared to 16.24% in the previous year, providing a robust capital buffer.
Balance Sheet Item FY26 FY25 Change Total Deposits ₹3,99,931 crores ₹4,10,862 crores Decline Net Worth ₹62,867 crores ₹62,532 crores Increase CRAR 17.48% 16.24% +124 bps
Board Decisions and Dividend Declaration
The Board of Directors approved the audited consolidated and standalone financial results for FY26 at their meeting held on April 24, 2026. The Board recommended a final dividend of ₹1.50 per equity share of ₹10 each, representing a 15% dividend rate, subject to shareholder approval at the Annual General Meeting.
Dividend Details Information Final Dividend ₹1.50 per share Dividend Rate 15% Record Date June 26, 2026 Approval Required Shareholder approval at AGM
Auditor Opinion and Compliance
The Joint Statutory Auditors, Chokshi & Chokshi LLP and Borkar & Muzumdar, have issued an unmodified audit opinion on the financial results. The results comply with SEBI Listing Regulations and applicable accounting standards, ensuring transparency and regulatory adherence.
IndusInd Bank Limited has announced significant changes in its senior management with the appointment of a new Chief Compliance Officer. The bank disclosed this development in a regulatory filing dated April 24, 2026, under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Leadership Transition Details
The bank's Board of Directors has approved the appointment of Mr. Sunil Kumar Singh as Chief Compliance Officer, effective April 30, 2026. This appointment comes as Mr. Sachin Patange will cease to hold the position with effect from the close of business hours on April 29, 2026, consequent upon his tenure nearing completion.
Parameter: Details New Appointee: Mr. Sunil Kumar Singh Outgoing Officer: Mr. Sachin Patange Effective Date (Appointment): April 30, 2026 Cessation Date: April 29, 2026 Appointment Tenure: Three years Designation: Chief Compliance Officer and Senior Management Personnel
Professional Background of New Appointee
Mr. Sunil Kumar Singh brings extensive banking expertise to his new role, with over 28 years of experience in the financial services sector. His most recent association was with Mizuho Bank, where he spent 11 years in various senior positions.
Career Highlights
Mizuho Bank (11 years): Served as Chief Compliance Officer for 9 years from April 2015 to March 2024
Recent Role: Managing Director-II heading GRC (Governance, Risk and Compliance) function in India franchise
Previous Experience: Bank of America, ICICI Bank, and State Bank of India
Areas of Expertise
Singh's professional experience spans multiple critical banking functions:
Compliance and Enterprise Risk Management
Credit Risk and Credit Policy
Corporate Banking and Transaction Banking
Trade Finance and International Banking
Debt Service Management and Retail Banking
Basel-III/ICAAP and Operations
Educational Qualifications
The new Chief Compliance Officer holds strong academic and professional credentials:
MBA (Finance)
CAIIB (Certified Associate of Indian Institute of Banking & Finance)
Regulatory Compliance
The appointment was made based on the recommendation of the Compensation and Nomination & Remuneration Committee. The bank has fulfilled all disclosure requirements under SEBI regulations and has made the information available on its official website at www.indusind.bank.in .
This leadership change reflects the bank's commitment to maintaining robust compliance standards and governance practices as it continues its operations across various banking segments.
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