News

IndusInd Bank Q1 Update: Net advances decline 4%, deposits slightly lowerTotal deposits stood at ₹3,97,233 crore, showing a marginal year-on-year dip of 0.3% and a 3.3% decline from the previous quarter. Shares of IndusInd Bank Ltd ended at ₹856.20, down by ₹6.25, or 0.72%, on the BSE.By Jomy Jos Pullokaran   July 4, 2025, 10:07:53 PM IST (Published)2 Min ReadPrivate sector bank, IndusInd Bank Limited, on Friday (July 4) reported a year-on-year decline of 3.9% in net advances to ₹3,34,477 crore as of 30 June 2025, compared to ₹3,47,898 crore a year earlier. On a sequential basis, net advances dropped 3.1% from ₹3,45,019 crore as of 31 March 2025.

Corporate Banking advances declined 14.4% year-on-year and 6.2% quarter-on-quarter. Consumer businesses grew 4.8% year-on-year but fell 0.9% sequentially. Total deposits stood at ₹3,97,233 crore, showing a marginal year-on-year dip of 0.3% and a 3.3% decline from the previous quarter.

Also Read: Exclusive | IndusInd Bank CEO role: Axis Bank, HDFC Bank and Bajaj Finance executives in the fray

The CASA ratio fell to 31.49% as of 30 June 2025, from 32.81% as of 31 March 2025 and 36.67% a year ago. Retail deposits and deposits from small business customers totalled ₹1,84,709 crore, compared to ₹1,85,133 crore in the previous quarter. The bank’s daily average Liquidity Coverage Ratio (LCR) for Q1FY26 was 141.27%, with the LCR standing at 145.26% as of June 30, 2025.

Fourth Quarter Results

IndusInd Bank reported a net loss of ₹2,328 crore for the January-March period as accounting issues reported earlier and stress in the microfinance portfolio led to the balance sheet taking a hit. A CNBC-TV18 poll was working with a figure of ₹514 crore net loss.

This is the first instance in 20 years that IndusInd Bank has reported a quarterly net loss. The last instance of a loss reported by IndusInd Bank was back in the fourth quarter of the financial year 2006 when Bhaskar Ghose was the lender's CEO. The only other instance of the lender reporting a loss in its trading history was back in March 2001.

Also Read: IndusInd Bank shares surge 5% after Nomura upgrades, raises target by 50%

IndusInd's Net Interest Income (NII) or core income declined by 43.4% from the same quarter last year to ₹3,048 crore, which is lower than the CNBC-TV18 poll of ₹4,762.4 crore. Asset quality for the lender deteriorated on a sequential basis, with Gross NPA at 3.13% from 2.25% in the December quarter, while net NPA for the quarter stood at 0.95% from 0.68% in the previous quarter.

Shares of IndusInd Bank Ltd ended at ₹856.20, down by ₹6.25, or 0.72%, on the BSE.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsIndusInd Bankshare market today