| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 12.8K | 0.9% |
| Total Income | 15.2K | 1.9% |
| Expenditure | 11.6K | 2.5% |
| PBT | 1.9K | 4.3% |
| Net Profit | 1.4K | 5.3% |
| OPM | — | |
| NPM | 9.25% | 0.30pp |
| EPS | 18.01 | 5.4% |
IndusInd Bank Reports Q3 FY25 Net Profit of INR 31,402 Crores, Deposits Grow by 11% YoY
31 Jan 2025 · 31 Jan 2025, 09:10 pm
Summary
IndusInd Bank Limited has announced its financial results for the quarter and nine-months ended December 31, 2024. The bank reported a Net Interest Income (INII) of INR 5,228 crores in Q3 FY25, a decrease from INR 5,296 crores in Q3 FY24. The Net Profit for Q3 FY25 stood at INR 31,402 crores, compared to INR 21,331 crores in Q2 FY25. Deposits grew by 11% YoY to INR 4,09,438 crores, and saving deposits grew by 6% YoY. The Gross NPA and Net NPA ratios were at 2.25% and 0.68%, respectively. The bank's CRAR was at 16.46% as on December 31, 2024.
Key Highlights
- 1
Net Interest Income (INII) at INR 5,228 crores in Q3 FY25
- 2
Net Profit at INR 31,402 crores for Q3 FY25
- 3
Deposits grew by 11% YoY to INR 4,09,438 crores
- 4
Gross NPA and Net NPA ratios at 2.25% and 0.68%, respectively
- 5
CRAR at 16.46% as on December 31, 2024
Management Comments
Sumant Kathpalia
Managing Director & CEO, IndusInd Bank
The Indian macro indicators suggest stability in economic activity levels after the slowdown in Q2. This was also reflected in the sharp recovery in the retail disbursements of the Bank. Consequently, the Bank’s loan book grew by 12% YoY. The Bank maintained momentum on retail deposits growing at 14% YoY overall deposits growing at 11% YoY. The operating profits and net profits were stable at Rs 3,601 crores (flat QoQ) and Rs 1402 crores (up 5% QoQ) respectively. The Bank remains watchful of asset quality trends in unsecured businesses and will calibrate growth accordingly. The Bank is well positioned to benefit from any fiscal and regulatory measures supporting natural as well as overall economic activity through its vehicle and microfinance businesses.
Informational and educational content only. Not investment advice.