IndusInd Bank Q3 results: Net profit declines 39%

In the third quarter of fiscal year 2025, IndusInd Bank recorded a net profit of Rs 1,402 crore on January 31, 2025, which was 39% less than the Rs 2,301 crore reported in the same quarter the year before.

The net profit for IndusInd Bank's October–December quarter was predicted to drop 38.6% year over year to Rs 1,411 crore, while the net interest income was predicted to increase by 10% to Rs 5,833 crore.

At Rs 5228 crore, the net interest income (NII) was 1.2% less than the Rs 5,295 crore earned the previous year.

Also Read - Quarterly Financial Results of Public & Private sector banks for Q3FY25

In Q3 of FY25, the lender's gross non-performing assets (GNPA) were Rs 8375 crore, or 2.25 percent, as opposed to Rs 6,279 crore, or 1.92 percent, in the previous year.

Net Non-Performing Assets (NNPA) stood at Rs 2496 crore (0.68 percent) versus Rs 1,864 (0.57 percent) last year.