IndusInd Bank - Unaudited Results 01 FY2018-19

Dear Sirs,

As usual, IndusInd Bank is the first to announce its Q1 FY2018-19 results among the banks in India.
Net Profit at Rs. 1,035.72 Crore (US$ 150 Mn) for the quarter ended the 30th June 2018 is up by 24%. This growth is likelyto be one of the best in the industry.
The Bank has a well-diversified Loan Book, has been granulising its Liabilities portfolio, has been adding Revenue streams, and has among the lowest NPA (0.51% - second best in the industry) in the industry, thus ensuring continued growth.

Capital Adequacy Ratio — Basel III is at 14.70, one of the highest in the industry.
Net Interest Margin is 3.92%; Return on Assets is 1.91%; Return on Equity is 17.25%. Cost to Income Ratio at 44.18% is steadily coming down indicating efficiency in controlling costs.
Revenue to Asset Ratio at 6.03% is the best in the industry.

The Bank has expanded its reach further to 1,410 branches and 2,285 ATMs, spread across 715 geographical locations.

It has Representative Offices in London, Dubai and Abu Dhabi.


  • The Bank has been awarded with the IBA (Indian Banks Association) Banking Technology Awards 2018.
  • Winner in the category Medium Banks: Best Payment Initiatives and Best IT Risk and Cyber Security Initiatives.
  • The Bank has been awarded with the Gold Award at the Apex India CSR Excellence Award in CSR Banking category.
  • The Bank adjudged Winner of National Payments Excellence Awards 2017 in Category 'W Banks for excellent performance in NPS ATM Network.

Overall, performance of the Bank continues to be excellent with its P/BV Ratio is at 4.72 (second best in industry with Kotak Mahindra Bank as No. 1 at 5.33).