IndusInd Bank and Coforge Q2 FY27 Financial Results

Date: October 24, 2026

Total income from operations (Q2 FY27): 8,808,388 (Standalone), 8,808,868 (Consolidated)
Net profit for the period before tax (after exceptional items) (Q2 FY27): 165,182 (Standalone), 156,180 (Consolidated)
Net profit for the period after tax (after exceptional items) (Q2 FY27): 124,179 (Standalone), 117,606 (Consolidated)
Net interest income: ₹4,569 crore
Net profit: ₹1,242 crore
CRAR: 17.27%
Net NPA: 0.63%
Paid up equity share capital: 99,998 (Standalone), 99,988 (Consolidated)
Reserves: 8,886,888 (Standalone), 9,509,883 (Consolidated)
Earnings Per Share (Basic): 15.94 (Standalone), 84.80 (Consolidated)
Earnings Per Share (Diluted): 15.93 (Standalone), 15.09 (Consolidated)

Total income from operations (Q2 FY26): 38,120 (Standalone), 61,708 (Consolidated)
Net profit for the period before tax (after exceptional items) (Q2 FY26): 2,868 (Standalone), 7,989 (Consolidated)
Net profit for the period after tax (Q2 FY26): 2,103 (Standalone), 6,049 (Consolidated)
Total comprehensive income for the period: 2,408 (Standalone), 7,785 (Consolidated)
Paid up equity share capital: 886 (Standalone and Consolidated)
Reserves: 62,201 (Standalone), 83,850 (Consolidated)
Securities Premium Account: 140,628 (Standalone), 140,631 (Consolidated)
Net worth: 203,715 (Standalone), 225,367 (Consolidated)
Earnings Per Share - Basic (continuing operations): 4.75 (Standalone), 13.27 (Consolidated)
Earnings Per Share - Diluted (continuing operations): 4.72 (Standalone), 13.19 (Consolidated)

The financial results were reviewed and recommended by the Audit Committee at the meeting held on October 23, 2026
Approved by the Board of Directors at their meeting held on the same date
The financial results have been prepared in accordance with applicable Indian Accounting Standards

Mr. O. P. Bhatt, Non-Executive Independent Director and Chairperson of the Company, resigned from the Board on September 8, 2026
Mr. D. K. Singh, Non-Executive Independent Director and Chairperson of the Nomination and Remuneration Committee, resigned on September 8, 2026
Mr. Akhil Kumar Gupta appointed as a Non-Executive Independent Director for a five-year term effective from September 29, 2026
Mr. Akhil Kumar Gupta designated as Chairperson of the Company
This appointment is subject to approval of shareholders and all requisite approvals under the Companies Act, 2013 and other applicable provisions

On April 23, 2026, the Company completed the acquisition of 100% equity interest in Encora US Holdco, Inc. and Encora Holdings Ltd. (Cayman) ("Encora")
The acquisition has been accounted in accordance with Ind AS 103 at acquisition date fair value of the Company's equity shares
The purchase consideration has been determined partly through share swap arrangement and balance through cash consideration, funded through borrowings
The financial results for the quarter ended September 30, 2026 include Encora's financial performance for the full quarter, whereas previous quarter included Encora's financial performance only from May 1, 2026
Year to date figures for the current period ended September 30, 2026 are not comparable with those of the previous quarter and previous year to date figures and previous year ended March 31, 2026

Filed under Regulation 30 and 47(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Intimation uploaded on the Bank's website at www.indusind.bank.in

Filed under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Full results available on the websites of the Stock Exchange(s) and the listed entity http://www.coforge.com

The financial results include exceptional items: 274 (Standalone Q2 FY26), 557 (Consolidated Q2 FY26)
No profit/loss from discontinued operations in current period (Standalone)
Profit from discontinued operations: 702 (Consolidated previous period)
Capital Redemption Reserve: 36.00 (both Standalone and Consolidated)
No Debenture Redemption Reserve outstanding

Total comprehensive income and other comprehensive income related information not provided as IND AS not yet implemented for banks
Net worth: 6,598,511 (Standalone), 6,563,618 (Consolidated)
Debt equity ratio: 0.35 (Standalone), 0.34 (Consolidated)
Total debt to assets ratio: 0.08 (both Standalone and Consolidated)