IndusInd Bank Ltd.

NSE: INDUSINDBK | BSE: 532187 | ISIN: INE095A01012 | Industry: Banks
| Risky Value
856.2500 -6.15 (-0.71%)
NSE Jul 04, 2025 15:31 PM
Volume: 2.7M
 

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IndusInd Bank Ltd.
09 Jan 2019
856.25
-0.71%
Prabhudas Lilladhar
IIB's earnings of Rs9.85bn (PLe: Rs9.96bn) was largely in-line with estimates but PPOP of Rs21.2bn (PLe: Rs20.8bn) beat estimates on strong treasury gains. It continued to make contingent provisions of Rs2.5bn (Rs2.75bn in Q2FY19) on IL&FS; exposure, taking total provisions to >Rs6.0bn (30% PCR). Management guided that there could be some acceleration in provisions ahead to get PCR to desired level of 40-50% as clarity on haircut & asset cover on holdco is emerging, while there could be classification towards NPA ahead as account is in SMA1&2. Operationally bank continues to cruise smoothly...
Number of FII/FPI investors decreased from 772 to 751 in Mar 2025 qtr
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