IndusInd Bank earnings calls.

IndusInd Bank reported a strong Q1 FY27, marking an inflection point after a year of balance sheet recalibration. PAT surged to Rs 1,037 croreCurrent reported value: PAT surged to Rs 1,037 crore. No comparable prior figure is available in the source record. from Rs 594 crore in Q4, with normalized ROA improving to 0.63% from 0.45%. The sequential jump reflects lower provisions (down 7%Current 7%. Reported change: +700bps vs prior quarter. QoQ to Rs 1,384 crore) and disciplined cost management (opex down 2% QoQ). Asset quality improved meaningfully—GNPA declined to 3.25%Current reported value: GNPA declined to 3.25%. No comparable prior figure is available in the source record. from ~3.5%+ previously, with annualized net slippage at 1.5% versus 2.43% YoY. Microfinance stress is normalizing with gross slippage moderating sharply to Rs 191 croreCurrent Rs 191 crore. Reported change: -78% YoY. from Rs 884 crore YoY. Deposit franchise strengthened with retail deposits now at 49.5%Current 49.5%. Reported change: +160bps QoQ. of LCR (highest ever). Wholesale book resumed growth at 7% QoQ with 82% A-rated and above. The bank targets 1% ROA by Q4 FY27, expecting continued improvement from lower credit costs and operating leverage. Key risks include NIM pressure from mix shift toward wholesale and any slowdown in microfinance recovery trajectory.