IndusInd Bank's Q3 profit drops on higher provisions
India's IndusInd Bank reported a fall in third-quarter profit on Friday, as it set aside more funds for potential loan losses amid a deterioration in asset quality. The private lender posted a net profit of 14.
IndusInd Bank Q3 results: PAT drops 39% to Rs 1,401 cr as provisions jump
The bank's provisions and contingencies, or funds set aside to cover loan losses, jumped 87 per cent to Rs 1,744 crore
IndusInd Bank Q3 Results: Profit beats estimates but falls 39% on-year; NPAs rise
Shares of IndusInd Bank ended in the green ahead of the results. The stock closed at ₹992.15 on the BSE, up nearly 4%.
IndusInd Bank Q3 Results: Standalone profit plunges 39% YoY to ₹1,401 crore
IndusInd Bank reported a 39% year-on-year decline in standalone net profit, totaling ₹1401.28 crore for Q3 FY25 on January 31.
IndusInd Bank Q3 PAT drops 39% on higher provisions, operating expenses
IndusInd Bank reports 39% y-o-y fall in net profit, higher provisions, and expenses; cautious on microfinance segment.
IndusInd Bank Q3 results: Net profit declines 39% to Rs 1,402 crore
Bank reported a net profit of Rs 1,402 crore in the third quarter of fiscal year 2025, 39 percent lower than the Rs 2,301 crore reported in the corresponding quarter of the previous year.
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IndusInd Bank Q3 Results 2025 Live Updates: Net profit falls 39% to ₹1,402 crore, NIM at 3.9%
IndusInd Bank is expected to report weak earnings for the third quarter of FY25 due to slower loan growth, elevated slippages and higher credit costs, declining net interest margins and a slight deterioration in asset quality.
IndusInd Bank's Q3 profit drops on microfinance stress
India's IndusInd Bank reported a slightly sharper than expected drop in third-quarter profit on Friday, as it set aside more funds to cover bad loans and as asset quality deteriorated due to stress in microfinance loans.
India's IndusInd Bank sees microfinance stress stabilising from Q1 of next fiscal year
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