bullish

Indusind Bank

IndusInd Bank - Some Stress and Some Prudency Suppress Earnings

163 Views28 Oct 2024 03:55
Broker
IndusInd Bank (IIB) reported a sharp 42% earnings miss in 2Q with PAT/RoA at Rs13.3bn/1%, mainly due to slower credit growth (13% YoY), lower fees (partly due to lower penal fees), and higher LLP.
What is covered in the Full Insight:
  • Earnings Overview
  • Credit Growth and Asset Quality
  • Financial Projections and Valuation
  • Strategic Outlook
  • Recommendation and Target Price
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 23-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Emkay
External broker reports(aggregated public sources)
Emkay Global Financial Services Limited
IndiaEquity Bottom-Up
Price Chart(Sign Up to Access)
analytics-chart
  • Loading...
x