IndusInd Bank to report muted financials in near-term, uphill task ahead for new CEO: Brokerages

IndusInd stock climbs despite setback, but road ahead looks rocky - GAGA INDIA

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IndusInd Bank to report muted financials in near-term, uphill task ahead for new CEO: Brokerages

New Delhi: IndusInd Bank may face muted financials in the medium to near-term, and the new MD and CEO will have an "uphill task" of resurrecting the bank and regaining investor trust, brokerages said on Thursday after the beleaguered bank reported its biggest net loss in 20 years. Most brokerages see downside in shares of IndusInd Bank, which posted a net loss of Rs 2,329 crore, marking one of the worst quarters in terms of both financial metric…

IndusInd Bank Shares Rise Despite Reporting ₹2,328 Crore Net Loss in Q4 FY25

Mumbai, May 22, 2025 — In a surprising market reaction, shares of IndusInd Bank surged on Thursday despite the lender reporting a consolidated net loss of ₹2,328.87 crore for the fourth quarter of FY25, a steep reversal from a profit of ₹2,349.15 crore during the same quarter last year. IndusInd Bank The stock was trading at ₹775.85 on the BSE, up 0.62% from its previous close of ₹771.10. Intraday, the scrip touched a high of ₹796.20 and a low o…

IndusInd Bank Faces ₹2,236 Cr Loss Over Fraud

IndusInd Bank posted its biggest ever quarterly loss of INR 2,236 crore in Q4 FY25, a massive reversal from the profit it posted of INR 2,347 crore a year ago. The private lender stated it had indicated suspected fraud by some of its employees as well as years of accounting errors, mainly in its derivatives...