IndusInd Bank Q1 Results: Profit soars 72% YoY to Rs 1,037 crore; NII flat
IndusInd Bank Q1 results
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- Economic Times·21h agoIndusInd Bank shares fall 5% despite 72% YoY Q1 profit surge. Why analysts remain bullish?
IndusInd Bank shares fell despite reporting a 72% year-on-year jump in Q1 FY27 net profit to Rs 1,037 crore and brokerages raising target prices. Investors remained cautious as net interest income stayed largely flat at Rs 4,685 crore. The lender's profitability was supported by…
Read at Economic Times → - Business Today IN·1d agoIndusInd Bank Q1 FY27 profit jumps 72% YoY to Rs 1,037 crore; NII at Rs 4,685 crore
IndusInd: Net Interest Income (NII) increased marginally to Rs 4,685 crore in Q1 FY27 from Rs 4,640 crore a year earlier.
Read at Business Today IN → - ET Markets·1d agoIndusInd 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…
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