Private sector bank Indusind Bank Ltd announced its quarterly results after market close on Friday. The bank has said that the bank's profit in the third quarter (Q3) of FY 2025 has come down to Rs 1,402.3 crore, a decline of 39 per cent from Rs 2,301 crore a year ago. A CNBC-TV18 poll had estimated a profit of Rs 1,271 crore.

The bank's net interest income (NII) has also declined to Rs 5,228.1 crore. A year ago in this quarter, the bank had recorded a net interest income of Rs 5,295.6 crore.

Increase in NPA The bank's non-performing asset (NPA) has also seen an increase. Gross NPAs have increased to 2.25 per cent in the quarter ended December 2024, while it is more than 2.11 per cent in the quarter ended September 2024. The bank's net NPAs have also increased from 0.64 per cent quarter-on-quarter to 0.68 per cent. Provisioning has come down from Rs 1820 crore to Rs 1743.6 crore on a quarterly basis. Share performance Indusind Bank's stock closed at Rs 995.20 on Friday with a gain of 3.99 per cent. In the last one year, the company's stock has seen a decline of 35.13 percent.