IndusInd Bank Q1FY25 results: Net profit rises 2% to Rs 2,171 crore

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IndusInd Bank Q1FY25 results: Net profit rises 2% to Rs 2,171 crore - Business Standard

Quick Summary:

On the asset quality side, the bank's Gross Non-Performing Assets (NPAs) worsened to 2.02 per cent of gross advances as of June 30, 2024, from 1.94 per cent by the end of first quarter of the previous fiscal.Net NPAs also rose to 0.60 per cent of the advances, from 0.58 per cent at the end of first quarter of last year.

Private sector IndusInd Bank on Friday posted a marginal 2 per cent rise in net profit at Rs 2,171 crore for the first quarter ended June 30.

During the quarter, the bank's total income increased to Rs 14,988 crore, as against Rs 12,939 crore a year ago, IndusInd Bank said in a regulatory filing.