New Delhi, April 24 -- IndusInd Bank, a Hinduja Group-promoted new-age private sector lender and the fifth-largest private bank in India, announced its financial performance for the March-ended quarter and the full fiscal year FY26 today, post market hours.

The bank reported a net profit of Rs.594.2 crore, beating analysts' estimates and marking a sharp turnaround from a net loss of Rs.2,329 crore reported in the same period last year.

The net interest income (NII), the difference between interest earned from lending and interest paid to depositors, surged 43.4% year-on-year to Rs.4,372 crore, also coming in above estimates, while the net interest margin improved to 3.39%.

(more to come)

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