Rising NPAs - Business Outrank

On Thursday May 22 IndusInd Bank shares performed an unexpected recovery by moving upward after starting the day with negative performance despite the bank announcing a significant net loss during Q4 FY25. The stock price started with a 4% decline in morning trading before it rose to a 1% increase at ₹777.8 on the NSE during the 9:35 am session. The bank generated Net Interest Income (NII) of ₹3,048.3 crore during the March quarter while provisions reached ₹2,522.08 crore which exceeded the previous quarter's ₹1,743.63 crore. The financial institution faces a difficult time because its poor accounting practices led to multiple audits and forced the departure of top executives. The pressure on asset quality was also evident. The Gross Non-Performing Assets (GNPAs) percentage increased to 3.13% during Q4FY25 from 2.25% in Q3FY25 and 1.92% in the corresponding period of the previous year. The Net NPA ratio increased to 0.95% from 0.68% in the previous quarter and 0.57% during the same period last year. The bank issued its first earnings report following the disclosure of internal discrepancies. The Chairman Sunil Mehta declared that the financial damage from past irregularities has been completely reflected in the FY25 financial results. Mehta stated that the bank will start FY25-26 with a fresh start by discarding all past issues according to Mehta. The market appears to expect positive changes despite the unfavorable financial results. The market seems to interpret the cleanup process as essential for future stability because IndusInd Bank shares have increased.

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