loader2
Login Open ICICI 3-in-1 Account
Open ICICI 3-in-1 Account

IndusInd Bank Results: Latest Quarterly Results & Analysis

Open Free Trading Account Online with ICICIDIRECT
+91
IndusInd Bank Ltd. 20 Oct 2025 12:06 PM
Result PDF

Q2FY26 Quarterly Result Announced for IndusInd Bank Ltd.

IndusInd Bank announced Q2FY26 results

Q2FY26 Financial Highlights:

  • Net Interest Income (NII) in Q2FY26 is at Rs 4,409 crore as compared to Rs 5,347 crore in Q2FY25
  • NIM at 3.32% for Q2FY26 as compared to 4.08% for Q2FY25
  • Quarterly Net loss in Q2FY26 is at Rs 437 crore as compared to Net Profit of Rs 1,331 crore for Q2FY25
  • Net worth at Rs 62,524 crore in Q2FY26 as compared to Rs 63,888 crore in Q2FY25
  • Deposits at Rs 3,89,600 crore in Q2FY26 from Rs 4,12,397 crore in Q2FY25
  • Gross NPA and Net NPA ratios at 3.60% and 1.04% compared to 3.64% and 1.12% in June 30, 2025
  • PCR improved at 71.81% as of September 30, 2025, from 70.13% in June 30 ,2025
  • CRAR improved as on September 30, 2025, at 17.10% as compared to 16.51% on September 30, 2024
  • The Bank has healthy liquidity position with LCR of 132% average for Q2FY26

Rajiv Anand, the MD and CEO, IndusInd Bank said: “During Q2FY26, the Bank consolidated its balance sheet by letting go wholesale deposits and being cautious on microfinance disbursements. Nevertheless, our core pre-provision operating profit at Rs 1,940 crore remained stable QoQ. Our asset quality trends have been stable in all core businesses except in microfinance wherein industry is facing cyclical pressures. The Bank accelerated write-offs as well as increased provisions on microfinance as a prudent measure. While this has resulted in the Bank showing a loss in Q2, we believe this strengthens the balance sheet and fast-tracks normalisation of underlying profitability.

I remain optimistic about ongoing economic recovery driven by the prudent fiscal and monetary measures. We will work towards positioning the Bank to participate in the recovery as it unfolds. Our focus is on realizing the full potential of the Bank, by leveraging our capabilities, scaling our strengths, improving in areas where we can do better and unlocking new areas of value creation. The Bank has strong capital adequacy with CRAR of 17.10%, liquidity with average LCR of 132% and sequentially improved GNPA and NNPAs of 3.60% and 1.04% respectively, providing strong foundation as we work towards delivering sustainable growth.”

Result PDF

Result PDF

IndusInd Bank announced Q1FY26 results

  • Net Interest Income (NII) in Q1FY26 is at Rs 4,640 crore as compared to Rs 5,408 crore in Q1FY25
  • NIM at 3.46% for Q1FY26 as compared to 4.25% for Q1FY25
  • Quarterly Net Profit in Q1FY26 is at Rs 604 crore as compared to Rs 2,171 crore for Q1FY25
  • Net worth at Rs 62,961 crore in Q1FY26 as compared to Rs 62,532 crore in Q1FY25
  • Deposits at Rs 3,97,144 crore in Q1FY26 from Rs 3,98,513 crore in Q1FY25
  • Gross NPA and Net NPA ratios at 3.64% and 1.12% compared to 3.13% and 0.95% QoQ respectively and PCR at 70% as of June 30, 2025
  • CRAR as on June 30, 2025, at 16.63% as compared to 17.04% on June 30, 2024 (excluding Q1 profits)
  • The Bank has healthy liquidity position with LCR of 141% average for Q1FY26

Sunil Mehta, the Chairman of the Board of Directors, IndusInd Bank said: "The Bank has delivered clean and profitable Q1 results, marking a robust recovery from the challenges of the previous quarter. Leadership transition is progressing well, with our final recommendations being submitted to the regulator. The Board remains confident of moving forward as per planned timelines. The Committee of Executives has ensured seamless continuity and effective execution during this phase. The Bank has taken decisive action on legacy issues, strengthened governance, and enhanced operational controls. The Bank is also actively working to integrate its diverse business lines under the ‘One IndusInd’ approach, unlocking synergies and delivering a unified banking experience to our customers. The Bank remains focused on profitability, cost discipline, and stakeholder engagement, while building a sustainable franchise across our core businesses. These results reflect our commitment to transparency, resilience, and long-term value creation for all our stakeholders.

Soumitra Sen and Mr Anil Rao, the members of the Committee of Executives, IndusInd Bank said: "The Bank’s Q1 performance reflects the resilience of our core businesses and financial transparency. We returned to profitability with a net profit of Rs 604 crore, supported by steady recovery in core businesses and calibrated actions on cost optimization. Our capital adequacy remains strong with CRAR at 16.63% (excluding Q1 profits), reflecting a solid balance sheet and foundation. Our focus remains on unlocking profitability, enhancing operational efficiency, and deepening stakeholder trust. We are confident that the initiatives being worked on will help the Bank to build on the momentum in the coming quarters."

Result PDF

IndusInd Bank announced Q4FY25 & FY25 results

Q4FY25 & FY25 Financial Highlights:

  • The Bank has reported a full year Net Profit After Tax of Rs 2,575 crore
  • The Capital Adequacy of the Bank remains robust at 16.24% after absorbing all the impact
  • Net worth at Rs 62,532 crore in Q4FY25 as compared to Rs 61,445 crore in Q4FY24
  • The Bank has healthy liquidity position with LCR of 118% average for Q4FY25 and continues to be comfortable with an LCR of 139% average for the first half of the ongoing Q1FY26.
  • Net Interest Income for the year FY25 at Rs 19,031 crore as compared to year FY24 at Rs 20,616 crore.
  • Fee and other income for the year FY25 at Rs 7,690 crore as compared to year FY24 at Rs 9,396 crore.
  • Total Income (Interest Income and Fee Income) for year FY25 at Rs 56,358 crore as compared to Rs 55,144 crore for the corresponding year FY24.
  • Operating expenses for the year FY25 were Rs 16,060 crore as against Rs 14,148 crore for the corresponding year FY24
  • Total expenditure (Interest expended and Operating expenses) for FY25 at Rs 45,696 crore as compared to Rs 39,280 crore for the corresponding FY24
  • Pre Provision Operating Profit (PPOP) at Rs 10,661 crore for year FY25 as against Rs 15,864 crore for corresponding year FY24

Commenting on the performance, Sunil Mehta, the Chairman of the Board of Directors, IndusInd Bank said: “The Board and the Management acknowledge that the lapses happened have been unfortunate for an institution like our Bank. However, the Board along with the management have shown a strong resolve to address all the identified issues in timely and comprehensive manner. The Bank has a robust Networth and balance sheet even after absorbing impact from all the past anomalies. The learnings from these incidents will be imbibed to reinforce the governance and compliance culture of the organisation. The Bank at its core has profitable business model and it will pivot towards sustainable growth as we put this episode behind us. The Bank would like to express its gratitude to the regulators and particularly the RBI for its support and guidance in helping navigating these challenging times.”

Commenting on the performance, Soumitra Sen and  Anil Rao, the members of the Committee of Executives, IndusInd Bank said: “The Bank’s core competencies remain strong which allows it to take these challenges in its stride. We are confident that the Bank will emerge stronger as the foundation will become robust incorporating the learnings from recent events. The management is committed to ensure interests of all the stakeholders are protected and deliver on the near and long term growth agenda with unrelenting focus on governance. We are thankful to the Board for their continued guidance and direction, all the employees who have ensured smooth customer service in current times, the regulators as well as shareholders in helping the franchise and we look forward to their continued support.”

Result PDF

IndusInd Bank announced Q3FY25 results

  • Net Interest Income (NII) at Rs 5,228 crore in Q3FY25 from Rs 5,296 crore in Q3FY24.
  • NIM at 3.93% for Q3FY25 as compared to 4.29% for Q3FY24 and 4.08% for Q2 FY25.
  • Net Profit at Rs 1,402 crore for Q3FY25 as compared to Rs 1,331 crore in Q2 FY25.
  • Deposits grew by 11% YoY to Rs 4,09,438 crore from Rs 3,68,793 crore, Saving Deposits grew by 6%YoY.
  • Gross NPA and Net NPA ratios at 2.25% and 0.68% from 1.92% and 0.57% YoY respectively and PCR at 70% as at December 31, 2024.
  • Net worth at Rs 65,102 crore in Q3FY25 as compared to Rs 58,841 crore in Q3FY24.
  • CRAR as on December 31, 2024, at 16.46%
  • Yield on Assets stands at 9.63% for Q3FY25, as against 9.75% for Q3FY24. Cost of Fund stands at 5.70% as against 5.46% for Q3FY24.
  • Other income at Rs 2,355 crore for Q3FY25 as against Rs 2,396 crore for Q3FY24. Core Fee at Rs 2,123 crore as against Rs 2,165 crore for Q3FY24.
  • Operating expenses for Q3FY25 were Rs 3,982 crore as against Rs 3,649 crore for Q3FY24, increased by 9%.
  • Pre Provision Operating Profit (PPOP) at Rs 3,601 crore for Q3FY25 as against Q3FY24 at Rs 4,042 crore.
  • Net Profit for Q3FY25 was Rs 1,402 crore as compared to Rs 2,301 crore during Q3FY24.
  • ASSET QUALITY:
    • The Gross NPA were at 2.25% of gross advances as on December 31, 2024 as against 2.11% as on September 30, 2024. Net Non-Performing Assets were 0.68% of net advances as on December 31, 2024 as compared to 0.64% as on September 30, 2024.
    • The Provision Coverage Ratio was consistent at 70% as at December 31, 2024. Provisions and contingencies (other than tax) for Q3FY25 were Rs 1,744 crore as compared to Rs 969 crore for Q3FY24. Total loan related provisions as on December 31, 2024 were at Rs 8,792 crore (2.4% of loan book).
  • CAPITAL ADEQUACY: The Bank’s Total Capital Adequacy Ratio as per Basel III guidelines stands at 16.46% as on December 31, 2024, as compared to 17.86 % as on December 31, 2023. Tier 1 CRAR was at 15.18% as on December 31, 2024 compared to 16.47% as on December 31, 2023.

Result PDF

IndusInd Bank announced Q2FY25 results

  • Deposits crosses Rs 4 trillion mark, grew by 15% YoY to Rs 4,12,317 crore from Rs 3,59,548 crore.
  • Loans grew by 13% YoY to Rs 3,57,159 crore from Rs 3,15,454 crore.
  • Net Interest Income (NII) grew by 5% YoY to Rs 5,347 crore from Rs 5,077 crore.
  • NIM at 4.08% as compared to 4.29% for Q2FY24 and 4.25% for Q1FY25.
  • Gross NPA and Net NPA ratios stands at 2.11% and 0.64% against 1.93% and 0.57% YoY respectively and PCR at 70% as at Q2FY25.
  • The Bank, as a prudent measure, increased contingent provision buffer by Rs 525 crore during the quarter.
  • Net Profit at Rs 1,331 crore for Q2FY25 as compared to Rs 2,202 crore at Q2FY24. Net Profit for Q2FY25 adjusted for increase in contingent provision buffer was at Rs 1,725 crore.

Sumant Kathpalia, Managing Director & CEO, IndusInd Bank said: "The Indian economy continued resilient performance despite increasingly turbulent global landscape. The Banking industry however has seen continued competitive intensity for deposits and divergent trends for growth and asset quality in unsecured loans versus secured loans. IndusInd Bank too aligned its strategy focusing on ramping up retail deposit mobilization, maintaining traction on secured loans, de-growing unsecured loans and building conservative buffers on provisions. The outcomes for Q2 were evident in deposit growth of 15% YoY ahead of loan growth of 13% YoY. The NNPAs were stable at 0.64% with 70% provision coverage ratio. The Profit After Tax at Rs 1,331 crore lower by 40% YoY as we build contingent provision buffer this quarter. The Capital Adequacy remains healthy at 16.51% and Liquidity Coverage at 118 % well above regulatory thresholds. The Bank thus has strengthened the balance sheet during the quarter and will look towards growth acceleration in tandem with underlying economy."

Result PDF

IndusInd Bank announced Q1FY25 results:

  • Net Interest Income (NII) grew by 11% YoY to Rs 5,408 crore from Rs 4,867 crore
  • NIM stable at 4.25% as at Q1 FY25 as compared to 4.29% as at Q1FY24 and 4.26% as at Q4FY24
  • Quarterly Net Profit grew by 2% YoY to Rs 2,171 crore from Rs 2,124 crore
  • Deposits grew by 15% YoY to Rs 3,98,513 crore from Rs 3,47,047 crore
  • Gross NPA and Net NPA ratios at 2.02% and 0.60% from 1.94% and 0.58% YoY respectively and PCR at 71% as at June 30, 2024
  • CRAR as on June 30, 2024 at 17.55% as compared to 18.40% on June 30, 2023

Result PDF

IndusInd Bank announced consolidated Q4FY24 & FY24 results:

Financial Highlights:

  • Net Profit at Rs 8,977 crore for the year ended March 31, 2024 up by 21% over the previous year at Rs 7,443 crore.
  • Net Interest Income (NII) grew by 15% YoY to Rs 5,376 crore from Rs 4,669 crore.
  • NIM at 4.26% as compared to 4.28% for Q4FY23 and 4.29% for Q3FY24.
  • Quarterly Net Profit grew by 15% YoY to Rs 2,349 crore from Rs 2,043 crore.
  • Deposits grew by 14% YoY to Rs 3,84,586 crore from Rs 3,36,120 crore.
  • Balance Sheet Footage crossed 5 trillion mark at Rs 5,15,094 crore.
  • Gross NPA and Net NPA ratios improved to 1.92% and 0.57% from 1.98% and 0.59% YoY respectively and PCR at 71% as at March 31, 2024.
  • CRAR as on March 31, 2024 at 17.23% as compared to 17.86% on March 31, 2023.

 

Result PDF

IndusInd Bank announced Q3FY24 results:

Financial Performance Highlights:

  • Net Interest Income (NII): Increased by 18% year-over-year (YoY) to Rs 5,296 crore.
  • Net Interest Margin (NIM): Remained stable at 4.29% compared to Q3FY23 and Q2FY24.
  • Net Profit: Grew by 17% YoY to Rs 2,301 crore.
  • Deposits: Saw a 13% increase YoY to Rs 3,68,793 crore.
  • CASA Ratio: Grew by 4% YoY.
  • Gross NPA and Net NPA Ratios: Improved to 1.92% and 0.57% from YoY, respectively.
  • Provision Coverage Ratio (PCR): Held steady at 71%.
  • Net Worth: Increased to Rs 58,841 crore in Q3FY24 from Rs 50,686 crore in Q3FY23.
  • Capital Adequacy Ratio (CRAR): Reported at 17.86%.

Asset and Liability Growth:

  • Deposits: Grew by 13% to Rs 3,68,793 crore, with CASA deposits comprising 38%.
  • Advances: Increased by 20% to Rs 3,27,057 crore.

Asset Quality:

  • Gross Non-Performing Assets (NPA): Slightly down to 1.92%.
  • Net Non-Performing Assets (NPA): Unchanged at 0.57%.
  • Provisions and Contingencies: Were Rs 969 crore, reduced by 9% YoY.

Bank Network and Growth:

  • Branches and ATMs: The network included 2,728 branches/banking outlets and 2,939 ATMs.
  • Customer Base: Reached 38 million as of December 31, 2023.

Commenting on the performance, Sumant Kathpalia, Managing Director & CEO, IndusInd Bank said, “Indian economy continues to show robust momentum delivering real GDP growth of 7.6% in Q2. The regulatory and fiscal policies have been effectively mitigating geo-political uncertainties in the global economy. IndusInd Bank too continues to participate in the healthy economic outlook. The Bank’s loan book grew by 20% YoY driven by a robust retail segment growing 24% YoY. The asset quality metrics remained stable with GNPA at 1.92% and NNPA at 0.57%. The Profit After Tax was at Rs 2,301 crore growing 17% YoY and 5% QoQ. The Bank has healthy capital adequacy with CRAR at 17.86% as of Dec 2023. The Bank remains on track in executing its strategy of delivering Growth, Granularity and Governance."

 

 

Result PDF

IndusInd Bank announced Q2FY24 results:

Financial Performance
- IndusInd Bank's net interest income (NII) grew by 18% YoY to Rs 5,077 crore from Rs 4,302 crore.
- The net profit increased by 22% YoY to Rs 2,202 crore from Rs 1,805 crore.
- Deposits grew by 14% YoY to Rs 3,59,548 crore from Rs 3,15,532 crore.
- Gross NPA ratio improved to 1.93% from 2.11% YoY.
- Capital Adequacy Ratio (CRAR) increased to 18.21% from 18.01% YoY.

Operational Highlights
- Net Interest Margin (NIM) stood at 4.29% for Q2FY24, remaining stable.
- Core fee income grew by 13% YoY to Rs 2,120 crore.
- Pre Provision Operating Profit (PPOP) registered a growth of 10% YoY to Rs 3,909 crore.
- The provision coverage ratio (PCR) remained consistent at 71%.

Asset Quality
-The gross NPA ratio is at 1.93% and the net NPA ratio is at 0.57%.
- Provisions and contingencies reduced by 15% YoY to Rs 974 crore.
- Total loan-related provisions as of September 30, 2023, were at Rs 7,267 crore.

Balance Sheet and Network
- Balance sheet size increased to Rs 4,77,922 crore, showing a growth of 12% YoY.
- The distribution network included 2,631 branches and 2,903 ATMs as of September 30, 2023.
- The client base stood at approximately 37 million.

Commenting on the performance, Sumant Kathpalia, Managing Director & CEO, IndusInd Bank said, "The Indian economy continues to show resilience aided by effective fiscal and monetary actions despite increasing global geo-political uncertainty. The economic activity is expected to pick up pace with upcoming festive demand and robust consumption. IndusInd Bank too has seen robust growth during the quarter with retail loan growth of 25% driving overall loan book growth of 21%. The asset quality metrics were stable for the quarter with GNPA of 1.93% vs 1.94% QoQ and NNPA of 0.57% vs 0.58% QoQ. The net profit for the quarter was at Rs 2,202 growing 22% YoY and 4% QoQ. The bank has also maintained performance metrics at a healthy level in terms of NIMs at 4.29%, RoA at 1.90%, RoE at 15.33%, and CRAR at 18.21%. The bank continues to invest in new growth initiatives as seen with the launch of a digital app INDIE and the scale-up of affluent banking, NRI banking, and home loans. We expect these initiatives should support long-term growth opportunities for the bank."

 

 

Result PDF

IndusInd Bank announced consolidated Q1FY24 results:

  • Net Interest Income for Q1FY24 at Rs 4,867 crore from Rs 4,125 crores, grew by 18% YoY and 4% QoQ.
  • Net Interest Margin for Q1FY24 stood at 4.29% against 4.21% for Q1FY23 and 4.28% for Q4FY23
  • Net Profit for Q1FY24 was Rs 2,124 crore as compared to Rs 1,631 crore during Q1FY23, up by 30% YoY
  • Deposits grew by 15% YoY to Rs 3,47,047 crore from Rs 3,02,719 crore
  • Gross NPA and Net NPA ratios improved to 1.94% and 0.58% from 2.35% and 0.67% YoY respectively and PCR at 71% as at June 30, 2023
  • CRAR as on June 30, 2023 at 18.40% as compared to 18.14% on June 30, 2022
  • Pre Provision Operating Profit (PPOP) at Rs 3,831 crore for Q1FY24 registered a growth of 12% over Q1FY23 at Rs 3,431 crore. PPOP/Average Advances ratio for Q1FY24 at 5.5%.
  • Yield on Assets stands at 9.60% for Q1FY24 as against 8.35% for Q1FY23. Cost of Fund stands at 5.31% as against 4.14% for Q1FY23.
  • Other income at Rs 2,210 crore for Q1FY24 as against Rs 1,932 crore for Q1FY23, grew by 14% YoY. Core Fee grew by 19% YoY to Rs 2,119 crore as against Rs 1,786 crore for Q1FY23.
  • Operating expenses for Q1FY24 were Rs 3,245 crore as against Rs 2,626 crore for Q1FY23, increased by 24%.
  • Balance sheet footage as on June 30, 2023 was Rs 4,66,993 crore as against Rs 4,10,100 crore as on June 30, 2022 marking growth of 14%
  • Advances as of June 30, 2023 were Rs 3,01,317 crore as against Rs 2,47,960 crore, an increase of 22% as compared to June 30, 2022.

 

 

Result PDF

Trending News

Saregama India's announced strategic partnership with, and investment in, Sanjay Leela Bhansali's Bhansali Productions

Saregama India's announced strategic partnership with, and investment in, Sanjay Leela Bhansali's Bhansali Productions

Published on 17-Dec-2025 09:01

The Competition Commission of India (CCI) has approved ITC’s acquisition of the paper and pulp manufacturing business of Aditya Birla Real Estate Ltd (ABREL).

The Competition Commission of India (CCI) has approved ITC’s acquisition of the paper and pulp manufacturing business of Aditya Birla Real Estate Ltd (ABREL)

Published on 17-Dec-2025 09:00

Zydus Lifesciences has received a USFDA acceptance for its ANDA of for copper histidinate (CUTX-101), intended to treat Menkes disease in pediatric patients.

Zydus Lifesciences has received a USFDA acceptance for its ANDA of for copper histidinate (CUTX-101), intended to treat Menkes disease in pediatric patients.

Published on 16-Dec-2025 09:05

KIMS has commenced operations at its newly established hospital located at the PES University campus in Electronic City, Bengaluru

Krishna Institute of Medical Sciences (KIMS) has commenced operations at its newly established hospital located at the PES University campus in Electronic City, Bengaluru

Published on 16-Dec-2025 09:03

Power Grid Corporation of India Ltd (POWERGRID) has been declared the successful bidder under Tariff-Based Competitive Bidding

Power Grid Corporation of India Ltd (POWERGRID) has been declared the successful bidder under Tariff-Based Competitive Bidding 

Published on 16-Dec-2025 09:01

Marico is in talks to acquire Cosmix, a startup that sells plant-based protein supplements

Marico is in talks to acquire Cosmix, a startup that sells plant-based protein supplements

Published on 16-Dec-2025 09:00

Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.
Download App

Download Our App

Play Store App Store
market app
✕
Application status