IndusInd Bank Limited
NSE: INDUSINDBK | Information Technology
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IndusInd Bank shares fall over 6% despite 72% jump in Q1 profit, brokerages divided
The stock hit an intraday low of βΉ1,000.60 on the NSE, down 6.4 per cent.
Read Full Analysis βIndusInd Bank Share Price Drops 6% Despite 47% Surge in Q1 Profit
IndusInd Bank reported a net profit of Rs 1,003 crore for the quarter ended June 30
Read Full Analysis βWhy IndusInd Bank's Q1 turnaround needs more proof
IndusIndβs Q1 net profit came in at βΉ1,037 crore, against βΉ604 crore last year, aided by a return to sequential loan growth and improving asset quality.
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IndusInd Bank shares fall 5% despite 72% YoY Q1 profit surge. Why analysts remain bullish?
IndusInd Bank shares fell despite reporting a 72% year-on-year jump in Q1 FY27 net profit to Rs 1,037 crore and brokerages raising target prices. Investors remained cautious as net interest income stayed largely flat at Rs 4,685 crore. The lender's profitability was supported by an improvement in net interest margin to 3.57%.
Read Full Analysis βIndusInd Bank share price falls over 4% after Q1 results. Opportunity to buy?
IndusInd Bank reported 47% year-on-year (YoY) jump in standalone net profit to βΉ1,003 crore for the fiscal first quarter ended June 2026, supported by fall in provisions.
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