Are IndusInd Bank latest results good or bad?

IndusInd Bank's financial results for the quarter ending March 2025 reflect significant challenges in its operational performance. The bank reported a Profit Before Tax less Other Income (PBT) of Rs -3,597.88 crore, which represents a substantial year-on-year decline. Similarly, the Profit After Tax (PAT) was recorded at Rs -2,235.99 crore, indicating a notable decrease compared to the previous year.
The bank's interest earned has also seen a decline, falling to Rs 10,633.85 crore, which is a decrease of 12.83% year-on-year. This decline is coupled with an Operating Profit (PBDIT) reported at Rs -1,181.31 crore, marking the lowest level in five quarters. The Operating Profit Margin has dipped to -11.11%, suggesting challenges in operational efficiency.

Moreover, the bank's asset quality appears to be under pressure, with Gross Non-Performing Assets (NPA) rising to 3.13%, reflecting a trend of increasing stressed loans over the last five quarters. The Net NPA has also risen to 0.95%, indicating difficulties in managing the loan portfolio.

Additionally, the bank's Earnings per Share (EPS) stands at Rs -28.70, and the Capital Adequacy Ratio (CAR) has decreased to 16.24%, suggesting a weakening capital base relative to risk assets. Overall, the data indicates that IndusInd Bank is facing significant operational challenges, leading to an adjustment in its evaluation.