IndusInd Bank Oct-Dec net profit tumbles 39% on year to INR 14.01 bln
This story was originally published at 16:19 IST on 31 January 2025
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MUMBAI - IndusInd Bank's net profit for the quarter ended December was INR 14.01 billion, down 39% from INR 22.98 billion a year ago. The net profit was higher than market expectations of INR 13.07 billion. The bank's total income for the quarter was INR 151.51 billion against INR 139.68 billion a year ago.
* IndusInd Bank Oct-Dec net profit INR 14.01 bln vs INR 22.98 bln yr ago
* Analysts saw IndusInd Bank Oct-Dec net profit at INR 13.07 bln
* IndusInd Bank Oct-Dec total income INR 151.51 bln vs INR 139.68 bln yr ago
* IndusInd Bank Oct-Dec total provisions INR 17.44 bln vs INR 9.34 bln year ago
* IndusInd Bank: Gross NPA ratio at 2.25% as on Dec 31 vs 2.11% qtr ago
* IndusInd Bank: Net NPA ratio at 0.68% as on Dec 31 vs 0.64% qtr ago
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