INDUSIND BANK LTD. - 532187 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Copy of Newspaper Advertisement of unaudited Standalone and Consolidated financial Results for the quarter and half year ended September 30, 2023.19-10-2023
19-10-2023
INDUSIND BANK LTD. - 532187 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Earnings Call with Analysts and investors held on October 18, 2023 on the unaudited financial Results of the Bank for the quarter and half- year ended September 30, 2023 is made available on the website of the Bank at www.indusind.com19-10-2023
INDUSIND BANK LTD. - 532187 - Audio Recording Of Earnings Call.
Audio recording of the earnings calls with analysts and investors as well as the transcript of the earning call held on October 18, 2023 on the unaudited standalone and consolidated financial results of the Bank for the quarter and half year ended September 30, 2023 is made available on the website of the Bank at ww.indusind.com19-10-2023
INDUSIND BANK LTD. - 532187 - Half-Yearly Disclosure Of Related Party Transactions On Both Standalone And Consolidated Basis For The Quarter And Half-Year Ended September 30, 2023 Under Regulation 23(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.
Pursuant to the captioned Regulation, we attach herewith the disclosure of Related Party Transactions drawn in accordance with applicable Accounting Standards, for the quarter and half- year ended September 30, 2023.18-10-2023
Q2FY24 Quarterly Result Announced for IndusInd Bank Ltd.
IndusInd Bank announced Q2FY24 results: Financial Performance - IndusInd Bank's net interest income (NII) grew by 18% YoY to Rs 5,077 crore from Rs 4,302 crore. - The net profit increased by 22% YoY to Rs 2,202 crore from Rs 1,805 crore. - Deposits grew by 14% YoY to Rs 3,59,548 crore from Rs 3,15,532 crore. - Gross NPA ratio improved to 1.93% from 2.11% YoY. - Capital Adequacy Ratio (CRAR) increased to 18.21% from 18.01% YoY. Operational Highlights - Net Interest Margin (NIM) stood at 4.29% for Q2FY24, remaining stable. - Core fee income grew by 13% YoY to Rs 2,120 crore. - Pre Provision Operating Profit (PPOP) registered a growth of 10% YoY to Rs 3,909 crore. - The provision coverage ratio (PCR) remained consistent at 71%. Asset Quality -The gross NPA ratio is at 1.93% and the net NPA ratio is at 0.57%. - Provisions and contingencies reduced by 15% YoY to Rs 974 crore. - Total loan-related provisions as of September 30, 2023, were at Rs 7,267 crore. Balance Sheet and Network - Balance sheet size increased to Rs 4,77,922 crore, showing a growth of 12% YoY. - The distribution network included 2,631 branches and 2,903 ATMs as of September 30, 2023. - The client base stood at approximately 37 million. Commenting on the performance, Sumant Kathpalia, Managing Director & CEO, IndusInd Bank said, "The Indian economy continues to show resilience aided by effective fiscal and monetary actions despite increasing global geo-political uncertainty. The economic activity is expected to pick up pace with upcoming festive demand and robust consumption. IndusInd Bank too has seen robust growth during the quarter with retail loan growth of 25% driving overall loan book growth of 21%. The asset quality metrics were stable for the quarter with GNPA of 1.93% vs 1.94% QoQ and NNPA of 0.57% vs 0.58% QoQ. The net profit for the quarter was at Rs 2,202 growing 22% YoY and 4% QoQ. The bank has also maintained performance metrics at a healthy level in terms of NIMs at 4.29%, RoA at 1.90%, RoE at 15.33%, and CRAR at 18.21%. The bank continues to invest in new growth initiatives as seen with the launch of a digital app INDIE and the scale-up of affluent banking, NRI banking, and home loans. We expect these initiatives should support long-term growth opportunities for the bank." Result PDF18-10-2023
INDUSIND BANK LTD. - 532187 - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations , 2015 - Outcome Of Board Meeting - Approval Of Revised Notice Of Postal Ballot For Ammendments In Article Of Association Of The Bank.
Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Outcome of Board Meeting - Approval of revised Notice of Postal Ballot for ammendments in Article of Association of the Bank.18-10-2023
INDUSIND BANK LTD. - 532187 - Announcement under Regulation 30 (LODR)-Investor Presentation
Disclosure under Regulation 30 and 46 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015 - Investor Presentation.18-10-2023
INDUSIND BANK LTD. - 532187 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release - Unaudited Standalone and Consolidated Financial Results for the quarter and for the half-year ended September 30, 2023.18-10-2023
INDUSIND BANK LTD. - 532187 - Outcome Of The Meeting Of Board Of Directors Of Indusind Bank Limited (The Bank) For Approval Of The Unaudited Standalone And Consolidated Financial Results For The Quarter And Half-Year Ended September 30, 2023
Outcome of the meeting of Board of Directors of IndusInd Bank Limited (the Bank) for approval of the Unaudited Standalone and Consolidated Financial Results for the quarter and half- year ended September 30, 2023. The Board also took note of the ''Limited Review Report'' issued by the Bank''s Joint Statutory Auditors, M/s. M.P. Chitale & Co., and M/s MSKA & Associates. The Board meeting commenced at 1.15 p.m. and concluded at 3.30 p.m.18-10-2023
INDUSIND BANK LTD. - 532187 - Board Meeting Outcome for Outcome Of The Meeting Of Board Of Directors Of Indusind Bank Limited (The Bank) For Approval Of The Unaudited Standalone And Consolidated Financial Results For The Quarter And Half-Year Ended September 30, 2023
In compliance with Regulations 30, 33 and 52 of SEBI Listing Regulations, we notify that the Board of Directors of the Bank, at their meeting held today at Mumbai, have approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2023. The Board also took note of the ''Limited Review Report'' issued by the Bank''s Joint Statutory Auditors, M/s. M. P. Chitale & Co, and M/s. MSKA & Associates. We enclose herewith copy of the Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2023 and the said Limited Review Report. The Board Meeting commenced at 1.15 p.m. and concluded at 3.30 p.m.18-10-2023