India's IndusInd Bank beats fourth-quarter profit view on lower provisions

Indusind Bank

24/04/2026 12:09

April 24 (Reuters) - India's IndusInd Bank INBK.NS reported a bigger-than-expected fourth-quarter profit on Friday, helped by a drop in provisions for potential bad loans.

The country's fifth largest private lender by market capitalisation posted a profit of 5.33 billion rupees ($56.55 million) for the quarter ended March 31, beating analysts' expectation of 3.89 billion rupees, per data complied by LSEG.

In the year-ago quarter, the bank had reported its biggest-ever quarterly loss due to years of misaccounting of internal derivative trades.

($1 = 94.2475 Indian rupees)

 (Reporting by Nishit Navin; Editing by Harikrishnan Nair)

 ((Nishit.Navin@thomsonreuters.com;))