IndusInd Bank reported a standalone net loss of Rs 2,236 crore in its Q4FY25 versus a net profit of Rs 2,346 crore in the year ago period period on account of losses reported in its derivatives segment.
The bank earned interest income of Rs 10,634 crore in the quarter under review, which was down 13% versus Rs 12,199 crore reported in the corresponding quarter of the last financial year.
The private lender reported net interest income of Rs 3,048 crore in Q4FY25 which was down 43% YoY while declining by 42% on a sequential basis.
"The Bank has appropriately accounted for and reflected the impact of all discrepancies identified in these reports while finalizing the financial results for the quarter/ twelve months ended March 31, 2025," the lender said in a separate filing to the exchanges.
More to come...
The bank earned interest income of Rs 10,634 crore in the quarter under review, which was down 13% versus Rs 12,199 crore reported in the corresponding quarter of the last financial year.
The private lender reported net interest income of Rs 3,048 crore in Q4FY25 which was down 43% YoY while declining by 42% on a sequential basis.
"The Bank has appropriately accounted for and reflected the impact of all discrepancies identified in these reports while finalizing the financial results for the quarter/ twelve months ended March 31, 2025," the lender said in a separate filing to the exchanges.
More to come...
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