IndusInd Bank Reports Shocking Q4 Results: Net Loss of ₹2,328 Cr, NII Falls 43% YoY
Mumbai, May 22:
IndusInd Bank delivered a dismal performance in Q4 FY25, reporting a consolidated net loss of ₹2,328 crore, a sharp reversal from a profit of ₹2,349 crore in the same period last year. The numbers came in far worse than street estimates, which had projected a net loss of around ₹514 crore.
The bank’s Net Interest Income (NII) plunged 43% YoY to ₹3,048 crore, also falling 42% sequentially (QoQ), as against the expected ₹4,762 crore. On the operating front, the bank posted a loss of ₹490 crore, compared to a profit of ₹1,743 crore QoQ, indicating deep stress in core banking operations.
Provisioning expenses surged 45% QoQ to ₹2,522 crore, signaling heightened asset quality pressures. The bank’s Gross Non-Performing Assets (GNPA) deteriorated to 3.13% from 2.25% in the previous quarter, while Net NPA rose to 0.95% from 0.68% QoQ.
In absolute terms, Gross NPA jumped 32% to ₹11,047 crore, and Net NPA also climbed 32% to ₹3,287 crore, reflecting worsening asset quality.
These weak results highlight growing stress in IndusInd Bank’s loan book and operational efficiency, raising concerns among investors and analysts.