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IndusInd Bank is likely to clock 11 percent year-on-year (YoY) growth in net profit to Rs 2,261 crore in the January-March quarter (Q4FY24), backed by healthy interest income, as per average estimate of five brokerages. Net interest income is expected to see 18 percent YoY rise to Rs 5,496 crore, driven by strong credit growth.
IndusInd Bank is slated to report Q4 results on April 25, 2024. So far this year, the stock of this private lender has declined over seven percent, underperforming three-percent gain in…
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