Gross NPA were at 3.64% of gross advances as on June 30, 2025, as against 3.13% as on March 31, 2025.
FinTech BizNews Service
Mumbai, July 28, 2025: The Board of Directors of IndusInd Bank Limited approved the financial results of the Bank for the Quarter ended June 30, 2025, at their meeting held in Mumbai on Monday, July 28, 2025.
The Bank returned to profitability on quarterly basis, reporting profit after tax of Rs 604 crores. NIM at 3.46%, Net NPA at 1.12%, Provision Coverage Ratio at 70%, Capital Adequacy Ratio (CRAR) at 16.63% (excluding Q1 profits), CASA at 31% and Liquidity Coverage Ratio at 141% underscore the resilience of operating performance of the Bank and adequacy of capital.
Soumitra Sen, member of the Committee of Executives, IndusInd Bank
CONSOLIDATED FINANCIAL RESULTS
The Bank’s financial results include the financial results of its wholly owned subsidiary, Bharat Financial Inclusion Limited (BFIL), a business correspondent (BC) of the Bank involved in originating small ticket loans for the Bank and IndusInd Marketing and Financial Services Private Limited (IMFS), an associate of the Bank.
Profit & Loss Account for the Quarter ended June 30, 2025
Net Interest Income for the Q1 FY26 at Rs4,640 crores as compared to Q1FY 25 at Rs5,408 crores.
Fee and other income for the Q1 FY26 at Rs2,157 crores as compared to Q1 FY25 at Rs2,442 crores.
Total Income (Interest Income and Fee Income) for Q1 FY26 at Rs14,421 crores as compared to Rs14,988 crores for the corresponding Q1 FY25.
Yield on Assets stands at 9.15% for the quarter ended June 30, 2025, as against 9.87% for the corresponding quarter of previous year. Cost of Fund stands at 5.69% as against 5.62% for corresponding quarter of previous year.
Operating expenses for the Q1 FY26 at Rs4,229 crores as against Rs3,897 crores for the corresponding Q1 FY25.
Total expenditure (Interest expended and Operating expenses) for Q1 FY26 at Rs11,853 crores as compared to Rs11,037 crores for the corresponding Q1 FY25.
Pre-Provision Operating Profit (PPOP) at Rs2,568 crores for Q1 FY26 as against Rs3,952 crores for corresponding Q1 FY25
Net Profit at Rs604 crores for Q1 FY26 as against Rs2,171 crores for corresponding Q1 FY25
Balance Sheet as of June 2025
Balance sheet footage as on June 30, 2025, was Rs5,39,552 crores as against Rs5,30,165 crores as on June 30, 2024, marking growth of 2% YoY.
Deposits as on June 30, 2025, were Rs3,97,144 crores as against Rs3,98,513 crores for June 30, 2024.CASA deposits is at Rs1,25,006 crores with Current Account deposits at Rs33,892 crores and Savings Account deposits at Rs91,113 crores. CASA deposits comprised 31.48% of total deposits as on June 30, 2025.
Advances as of June 30, 2025, were Rs3,33,694 crores as against Rs3,47,898 crores previous year
ASSET QUALITY
Gross NPA were at 3.64% of gross advances as on June 30, 2025, as against 3.13% as on March 31, 2025. Net NPA were 1.12% of net advances as on June 30, 2025, as compared to 0.95% as on March 31, 2025.
The Provision Coverage Ratio was stable at 70% as on June 30, 2025. Provisions and contingencies for the quarter ended June 30, 2025, were Rs1,760 crores as compared to Rs2,522 crores for the quarter ended on March 31, 2025. Total loan related provisions as on June 30, 2025, were at Rs10,472 crores (3.14% of loan book).
CAPITAL ADEQUACY
The Bank’s Total Capital Adequacy Ratio as per Basel III guidelines (excluding Q1 profits) stands at 16.63% as on June 30, 2025, as compared to 17.04% as on June 30, 2024. Tier 1 CRAR (excluding Q1 profits) was at 15.48% as on June 30, 2025, compared to 15.64% as on June 30, 2024. Risk-Weighted Assets were at Rs4,09,810 crores as against Rs3,88,838 crores a year ago.
NETWORK
As of June 30, 2025, the Bank’s distribution network included 3,110 branches/ Banking outlets and 3,052 onsite and offsite ATMs, as against 3,013 branches/banking outlets and 2,988 onsite and offsite ATMs, as of June 30, 2024. The client base stood at approx. 42 million as on June 30, 2025
Commenting on the performance, Mr. Sunil Mehta, the Chairman of the Board of Directors, IndusInd Bank said:
The Bank has delivered clean and profitable Q1 results, marking a robust recovery from the challenges of the previous quarter. Leadership transition is progressing well, with our final recommendations being submitted to the regulator. The Board remains confident of moving forward as per planned timelines. The Committee of Executives has ensured seamless continuity and effective execution during this phase. The Bank has taken decisive action on legacy issues, strengthened governance, and enhanced operational controls. The Bank is also actively working to integrate its diverse business lines under the ‘One IndusInd’ approach, unlocking synergies and delivering a unified banking experience to our customers. The Bank remains focused on profitability, cost discipline, and stakeholder engagement, while building a sustainable franchise across our core businesses. These results reflect our commitment to transparency, resilience, and long-term value creation for all our stakeholders.
Commenting on the performance, Mr. Soumitra Sen and Mr Anil Rao, the members of the Committee of Executives, IndusInd Bank said:
The Bank’s Q1 performance reflects the resilience of our core businesses and financial transparency. We returned to profitability with a net profit of Rs.604 crores, supported by steady recovery in core businesses and calibrated actions on cost optimization. Our capital adequacy remains strong with CRAR at 16.63% (excluding Q1 profits), reflecting a solid balance sheet and foundation. Our focus remains on unlocking profitability, enhancing operational efficiency, and deepening stakeholder trust. We are confident that the initiatives being worked on will help the Bank to build on the momentum in the coming quarters.
