IndusInd Bank Q1 Results: Profit soars 72% YoY to Rs 1,037 crore; NII flat
IndusInd Bank reported a 72% year-on-year jump in consolidated Q1 net profit to Rs 1,037 crore, aided by lower provisions despite flat net interest income and weaker fee income. Asset quality improved, deposits grew, and capital adequacy strengthened, while advances declined as the lender prioritise
The Bharath News1 min readSource: ET Markets
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IndusInd Bank reported a 72% year-on-year jump in consolidated Q1 net profit to Rs 1,037 crore, aided by lower provisions despite flat net interest income and weaker fee income. Asset quality improved, deposits grew, and capital adequacy strengthened, while advances declined as the lender prioritised portfolio quality and disciplined growth.
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