Indusind Bank Standalone Net Profit Up 32 5 Yoy At Rs 2 124 Crore

Top Stories

Company

L&T Partners with PS Technology to Revolutionise Railways

6 mins read. August 2, 2024 at 12:45 PM

Company

Jindal Saw Q1 FY24 PAT Rises 67% to Rs 441 Cr

4 mins read. August 2, 2024 at 12:41 PM

Company

Pfizer Q1 FY25 PAT Zooms 61% to Rs 151 Cr

4 mins read. August 2, 2024 at 12:36 PM

Stock chart

IndusInd Bank standalone net profit up 32.5% YoY at Rs 2,124 crore

ri-calendar-2-lineJul 18, 2023

By: BlinkX Research Team

FbkFbkTwitterTelegram

IndusInd Bank reported a standalone net profit of Rs 2,123.6 crore with a growth of 32.5% in the first quarter of FY24 as compared to Rs 1,603.29 crore in the same quarter last year. The bank’s total income for the quarter increased 28% YoY to Rs 12,939 crore.

Net interest income (NII) was up by 18% YoY to Rs 4,867 crore and The operating profit, before provisions and contingencies, also grew by 13% YoY to Rs 3,830 crore.

The gross non-performing assets (NPAs) ratio as a percentage of sales was 1.94% as of June end, compared with 1.98% a quarter ago, and 2.35% a year ago. The net NPA ratio was 0.58% as of June end, compared to 0.59% a quarter ago, and 0.67% a year ago. Provisions for this quarter stood at Rs 992 crore as compared with Rs 1,251 crore a year ago.

Source: Media reports

Related News

News Thumbnail
Quarterly Result

BLS's Q2FY24 Financial Performance Review

2 mins read. November 6, 2023 at 08:56 AM

News Thumbnail
Quarterly Result

Interglobe Aviation's Q2FY24 Financial Performance Review

2 mins read. November 3, 2023 at 11:31 AM

News Thumbnail
Quarterly Result

Titan's Q2FY24 Financial Performance Review

2 mins read. November 3, 2023 at 10:59 AM

News Thumbnail
Quarterly Result

Zomato's Q2FY24 Financial Performance Review

3 mins read. November 3, 2023 at 09:50 AM

Related Blogs

Stock chartDemat Account

Biggest Winners and Losers in MSCI: Key Movers in Global Indices 2025

0 people read

3 mins read . Aug 20, 2025

Stock chartMutual Fund

What MF Big Boys Bought and Sold – Top Mutual Fund Stock Activity in 2025

0 people read

8 mins read . Aug 18, 2025

Download app

Access BlinkX
everywhere
across device

Join the Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions