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