IndusInd Bank Reports Rs.2,329 Crore Net Loss in Q4 FY25, Download Financial Results PDF
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IndusInd Bank has reported a consolidated net loss of ₹2,329 crore for the fourth quarter of the financial year 2024–25 (Q4FY25), marking a sharp reversal from a net profit of ₹2,349 crore in the same period last year. The loss was primarily attributed to substantial setbacks in the bank’s derivatives segment.
Despite the quarterly loss, the bank remained profitable for the full financial year, posting an annual profit after tax of ₹2,575 crore, according to its filing with the stock exchanges.
Decline in Core Earnings
The bank’s net interest income (NII) — the difference between the interest earned and interest paid — dropped 43% year-on-year (YoY) to ₹3,048 crore in Q4FY25 from ₹5,376 crore in Q4FY24.
Interest income also fell by 13% YoY, standing at ₹10,634 crore in the quarter, down from ₹12,199 crore a year ago.
The net interest margin (NIM) — a key measure of profitability — declined to 2.25%, representing a fall of 201 basis points (bps) YoY and 168 bps sequentially (QoQ).
Standalone Performance & Adjustments
On a standalone basis, IndusInd Bank reported a net loss of ₹2,236 crore in Q4FY25, compared to a net profit of ₹2,346 crore in Q4FY24.
In its filing, the bank said:
“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 and full year ended March 31, 2025.”
Balance Sheet Highlights
Despite the quarterly loss, the bank’s net worth increased to ₹62,532 crore in Q4FY25, up from ₹61,445 crore in Q4FY24.
- Balance sheet size grew 8% YoY, reaching ₹5,54,107 crore as of March 31, 2025, compared to ₹5,15,094 crore the previous year.
- Total deposits rose by 6.83% YoY to ₹4,10,862 crore.
- CASA deposits (Current and Savings Account) stood at ₹1,34,789 crore, comprising 32.8% of total deposits.
- Retail deposits under the Liquidity Coverage Ratio (LCR) framework reached ₹1,85,180 crore, up 9% YoY.
Advances saw a marginal rise of 1% YoY, reaching ₹3,45,019 crore as of March 31, 2025.
Asset Quality Weakens
Asset quality showed signs of stress:
- Gross Non-Performing Assets (GNPA) rose to 3.13% of gross advances, up from 2.25% as of December 31, 2024.
- Net NPA increased to 0.95% from 0.68% in the previous quarter.
Liquidity and Capital Adequacy
Despite the loss, the bank maintains that its balance sheet remains stable:
- Capital Adequacy Ratio (CAR) stood at 16.24%.
- Provision Coverage Ratio (PCR) was 70%.
- The bank held excess liquidity of ₹39,600 crore, with an average Liquidity Coverage Ratio (LCR) of 118% during Q4FY25 and a higher LCR of 139% in the first half of the current quarter.
Rising Interest Expenses
The interest expenses for the quarter rose to ₹7,586 crore, an increase of 11% from ₹6,822 crore in the same quarter of the previous year.
