Indian Bank, Uco Bank and South Indian Bank post strong Q2 profit gains

Indian Bank announced a near-15% year-on-year surge in Q2 net profit, reaching ₹3,462.24 crore for the quarter ended September 2026, while its total income rose 20.9% to ₹23,058.62 crore. The bank’s gross non-performing assets fell 28% to ₹11,612.50 crore, though net NPAs stayed roughly flat at ₹982.90 crore. Uco Bank posted a 26.8% increase in net profit to ₹785.64 crore, with total income climbing 10.1% to ₹8,174.09 crore; its gross NPAs dipped 4.5% and net NPAs dropped sharply 46.6% to ₹513.49 crore.

South Indian Bank’s profit grew 21.3% to ₹426.13 crore, total income rose 11.7% to ₹3,263.85 crore, and its gross NPAs fell almost 50% to ₹1,354.84 crore, driving net NPAs down 79.7% to ₹102.71 crore. The results lifted the banks’ shares up to 5% from intraday lows.