IndusInd Bank shares in focus after Q3 PAT declines 39% YoY; but beat Street estimates

IndusInd Bank reported a 39% year-on-year decline in standalone net profit for Q3FY25 to Rs 1,401 crore, surpassing Street estimates. Interest income rose 11% YoY, while deposits grew by 11%. However, net interest income fell, NIM contracted, and asset quality deteriorated with higher NPAs.