IndusInd Bank Limited — Others, 25-10-2024: Copy of Newspaper Publication
25-10-2024 · 12:49 pm
IndusInd Bank reported a net profit of ₹1,331 crore for Q2 FY25, reflecting a 5% year-on-year increase in net interest income. The bank's non-performing assets (NNPA) stood at 0.64%, with a provision coverage ratio of 70% and a capital adequacy ratio of 16.51%. Meanwhile, ITC posted a 15.6% rise in consolidated revenue but experienced a modest 1.9% increase in net profit amid challenging market conditions. Oyo turned profitable with ₹158 crore in Q2 FY25, rebounding from a loss last year.
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