IndusInd Bank will be in sharp focus on Wednesday, May 22, after the private lender reported a net loss of ₹2,328.9 crore for Q4 FY25, reversing from a net profit of ₹2,349.1 crore in the same quarter last year. The results were announced after market hours on Tuesday.
The bank’s Net Interest Income (NII) dropped steeply by 43.3% year-on-year to ₹3,048.3 crore from ₹5,376.5 crore, reflecting deeper stress in its core operations. Asset quality also weakened, with the Gross NPA ratio rising to 3.13% from 2.25% in the previous quarter.
Ahead of the earnings announcement, shares of IndusInd Bank closed 1.98% lower at ₹766.80 on May 21. The stock touched an intraday low of ₹761 before a marginal recovery in the latter half of the session. It had opened at ₹783.
The stock is expected to react sharply to the earnings miss when markets open today, especially in light of the loss and deterioration in key financial metrics.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please consult a financial advisor before making any investment decisions.
