IndusInd Bank Q4 preview: Here's what analysts say ahead of results

NEW DELHI: IndusInd Bank is likely to deliver 11-15 per cent year-on-year net interest income (NII) growth in the March quarter, said analysts tracking the company. This is lower than what most other private banks have delivered so far.

Analysts have a wide-ranging projection in how they see lender’s net profits grow. They project 44-74 per cent year-on-year (YoY) growth in the bottomline.

IndusInd Bank is scheduled to report its earnings on Friday.

Here are what some of the top brokerages say about the company’s earnings:

Sharekhan
ICICI Securities
YES Securities

• Slippages should decline sequentially due to underlying factors.
• Net interest margin should be flattish on a sequential basis due to wholesale lending generally keeping pace with retail lending.
• Fee income would only be slightly higher due to sluggish card fees.
• Treasury profit would be subdued due to rise in bond yields.
• Provisions would be lower sequentially.