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IndusInd Bank reports 40% fall in Q2 consolidated net profit

24 Oct 2024 Evaluate

IndusInd Bank has reported results for second quarter ended September 30, 2024 (Q2FY25).

The Bank has reported 39.24% fall in its net profit at Rs 1,325.45 crore for the quarter ended September 30, 2024 as compared to Rs 2,181.47 crore for the same quarter in the previous year. However, total income of the Bank increased by 9.91% at Rs 14,870.18 crore for Q2FY25 as compared to Rs 13,529.53 crore for the corresponding quarter previous year.

On consolidated basis, the Bank has reported 39.54% fall in net profit at Rs 1,331.26 crore for Q2FY25 as compared to Rs 2,202.05 crore for the same quarter in the previous year. However, total income of the Bank increased by 9.92% at Rs 14,871.25 crore for Q2FY25 as compared to Rs 13,529.68 crore for the corresponding quarter previous year.


Peers
Company Name CMP
HDFC Bank 720.00
ICICI Bank 1292.60
Axis Bank 1209.00
Kotak Mahindra Bank 406.00
Indusind Bank 885.00
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