Latest news with #IndusIndBank
Time of India
11 hours ago
- Business
- Time of India
IndusInd Bank Share Price Live Updates: IndusInd Bank's Financial Update
30 Jul 2025 | 09:16:38 AM IST Discover the IndusInd Bank Stock Liveblog, your ultimate resource for real-time updates and insightful analysis on a prominent stock. Keep track of IndusInd Bank with the latest details, including: Last traded price 808.55, Market capitalization: 62963.3, Volume: 92319, Price-to-earnings ratio 62.41, Earnings per share 12.95. Our comprehensive coverage combines fundamental and technical indicators to provide you with a comprehensive view of IndusInd Bank's performance. Stay informed about breaking news that can sway IndusInd Bank's trajectory in the market. With our expert insights and stock recommendations, make well-informed financial decisions. Join us on this journey as we explore the exciting potential of IndusInd Bank. The data points are updated as on 09:16:37 AM IST, 30 Jul 2025 Show more
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Business Standard
a day ago
- Business
- Business Standard
IndusInd Bank rises 2% on posting Q1 results; Should you buy, sell or hold?
IndusInd Bank Q1 results review: IndusInd Bank shares rose 2 per cent in trade on Tuesday (July 29, 2025), logging an intra-day high at ₹819 per share on BSE after posting Q1 results. Around 9:25 AM, IndusInd Bank share price was up 1.73 per cent at ₹816.05 per share. In comparison, Sensex was down 0.07 per cent at 80,836.48. IndusInd Bank released its first quarter ended June 2025 (Q1FY26) numbers on Monday, after market hours. Even though brokerages maintained their stance on IndusInd Bank stock, they saw asset quality deterioration, lower fee income, and subdued net interest margin (NIM) as issues that persisted in Q1. This was after, in the previous quarter (Q4FY25), the bank reported discrepancies in the derivatives and microfinance segments. IndusInd Bank Q1 results IndusInd Bank reported a 72 per cent year-on-year (Y-o-Y) decline in net profit to ₹604 crore in Q1FY26, as compared to ₹2,170.79 crore. The bank's net interest income (NII) declined 14 per cent Y-o-Y during the April-June period to ₹4,640 crore due to a shrinking loan book. Sequentially, NII was up 52 per cent. Other income was down 12 per cent Y-o-Y to ₹2,157 crore. The private sector lender's NIM declined 79 basis points (bps) Y-o-Y to 3.46 per cent, but increased 121 bps sequentially. Provisions and contingencies of the lender increased 68 per cent Y-o-Y to ₹1,760 crore in Q1FY26, but sequentially, it was down 30 per cent. The bank reported fresh slippages to the tune of ₹2,567 crore in the quarter, with ₹2,322 crore. In the previous quarter, the bank's fresh slippages were ₹5,014 crore. As a result, the bank's asset quality deteriorated, with gross non-performing assets (NPA), as a percentage of gross advances, increasing to 3.64 per cent at the end of June quarter, compared to 3.13 per cent at the end of March quarter. Brokerages' view on IndusInd Bank Nuvama Institutional Equities has reiterated a 'Reduce' rating on with a target price of ₹600 per share as it sees the risk-reward as unfavourable with the bank's return on asset (RoA) unlikely to get close to 1 per cent through FY27. Global brokerage Citi has maintained a 'Sell' rating with a target of ₹765 per share, according to reports. The brokerage sees earnings reset in progress. It believes slippages have normalised after a one-off in Q1, but still are elevated. Weaker growth and higher credit cost were partially offset by better NIM and treasury gains. Macquaire has reiterated an 'Underperform' rating with a target of ₹650 per share. For the brokerage, RoA less than 1 per cent looks like the new normal. Meanwhile, Bernstein maintained 'Outperform' on the stock with a target of ₹1,000 per share, according to reports. The brokerage sees a lack of clear levers for the near-term in RoA, which may prompt a reassessment of IndusInd Bank's profitability. Analysts at Motilal Oswal continued with a 'Neutral' rating, but raised the target to ₹830 per share from ₹800. The brokerage also raised its earnings estimates slightly by 2.6 per cent/2.3 per cent for FY26/FY27, as it sees signs of recovery in operating metrics post Q4 reset. It projects the bank's RoA at 0,7 per cent and return on equity (RoE) at 6.4 per cent in FY27.
Business Standard
a day ago
- Business
- Business Standard
IndusInd Bank consolidated net profit declines 72.17% in the June 2025 quarter
Total Operating Income decline 2.25% to Rs 12263.88 crore Net profit of IndusInd Bank declined 72.17% to Rs 604.07 crore in the quarter ended June 2025 as against Rs 2170.79 crore during the previous quarter ended June 2024. Total Operating Income declined 2.25% to Rs 12263.88 crore in the quarter ended June 2025 as against Rs 12546.77 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Total Operating Income 12263.8812546.77 -2 OPM % 51.1660.57 - PBDT 807.332901.96 -72 PBT 807.332901.96 -72 NP 604.072170.79 -72
Mint
a day ago
- Business
- Mint
Indian stocks linger around 6-week low on trade deal jitters, foreign outflows
(Updates for morning trade) July 29 (Reuters) - Indian shares were muted in early trades on Tuesday, with benchmark indexes near six-week lows, as concerns over a delay in signing a trade deal with the United States and sustained foreign outflows hurt demand. The Nifty 50 was up 0.09% at 24,703 points and the BSE Sensex added 0.04% to 80,924.62, as of 9:34 a.m. IST. The indexes hit their lowest since June 13 earlier in the session. Ten of the 16 major sectors rose, but heavyweight financials and information technology were down 0.2% and 0.5%, respectively. The broader mid-cap and small-caps were little changed. "There are more headwinds than tailwinds for now. The major issue weighing on markets is that the expected trade deal between India and the U.S. has not happened so far," said VK Vijayakumar, chief investment strategist at Geojit Investments Negotiations between India and the United States remained deadlocked over tariff cuts on agriculture and dairy products, dimming hopes of a trade deal ahead of U.S. President Donald Trump's August 1 deadline, Reuters reported last week, citing two Indian government sources. Trump said Monday that most trading partners who do not negotiate separate deals would soon face tariffs of 15% to 20% on their exports to the U.S., well above the broad 10% tariff he imposed in April. Meanwhile, foreign portfolio investors sold Indian shares worth 60.81 billion rupees ($700.92 million) on Monday, as per provisional data, marking their biggest selling in India since May 30. Among stocks, IndusInd Bank rose about 1% after the private lender swung back to profit in the first quarter, but concerns over weak return on asset outlook and worsened asset quality capped gains. Solar module maker Waaree Energies jumped about 5% and was the top midcap gainer after it posted higher quarterly revenue and profit, while Mazagon Dock Shipbuilders was the top midcap loser due to a decline in profit. (Reporting by Vivek Kumar M; Editing by Eileen Soreng and Ronojoy Mazumdar)
News18
a day ago
- Business
- News18
IndusInd Bank Shares Rise 2% Despite 72% YoY Profit Drop In Q1; Should You Invest?
Last Updated: IndusInd Bank share price today: IndusInd Bank reported a 68% slump in standalone net profit IndusInd Bank Share Price: Shares of IndusInd Bank climbed 2% to an intraday high of Rs 818.60 on the BSE on Tuesday, July 29, even as the private sector lender reported a sharp 72% year-on-year (YoY) decline in consolidated net profit for the first quarter of FY26. The bank posted a net profit of Rs 604 crore in Q1FY26, down from Rs 2,171 crore in the same period last year. The steep fall in earnings was accompanied by a deterioration in key financial metrics. Net Interest Income (NII) dropped 14% YoY to Rs 4,640 crore, compared to Rs 5,408 crore in Q1FY25. The Net Interest Margin (NIM) also shrank to 3.46%, down from 4.25% a year earlier. Motilal Oswal maintained a 'Neutral' view on IndusInd Bank with a target price of Rs 830, indicating limited upside potential. The brokerage acknowledged the bank's return to profitability after one-off events but flagged concerns over asset quality, particularly stress in the microfinance segment. 'We slightly raise our earnings estimates by 2.6%/2.3% for FY26/27 as the bank focuses on cost control and a profitability-first approach," the firm noted. It projects Return on Assets (RoA) and Return on Equity (RoE) of 0.7% and 6.4% respectively for FY27. The appointment of a new CEO and pace of recovery will be key factors to watch, it added. Nuvama retained its 'Reduce' rating with a sharply lower target price of Rs 600, citing a weak core performance. The brokerage said Q1FY26 will serve as a new base for the bank, noting a 47% YoY and 32% QoQ decline in core pre-provision operating profit (PPOP). 'RoA fell to 45 basis points from 103 bps in Q3FY25 and 168 bps YoY. We see the risk-reward as unfavourable," Nuvama stated. It also pointed to declining loan disbursals in the microfinance and corporate segments, a 35% drop in fee income, and overall weakness across revenue lines. Reported gains were supported by trading income, while core performance lagged. NIM dropped to 3.35% from 4.25% YoY. HDFC Securities maintained its 'Reduce' rating with an unchanged target price of Rs 665. The brokerage flagged challenges such as elevated credit costs, succession overhang, senior management exits, and pressure on the deposit franchise. Despite a 3% QoQ decline in deposits, the CASA ratio fell to 31.5% as current account balances normalized. HDFC Securities expects muted return ratios and single-digit loan CAGR over the medium term. 'We believe that IndusInd Bank requires a complete overhaul under enhanced regulatory scrutiny to restore stakeholder trust," the firm added. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
