26-January-2026
Corporate News
 
IndusInd Bank net profit slumps 90%
24-Jan-2026

IndusInd Bank on Friday reported a 90% year-on-year decline in its December quarter net profit to Rs 127.98 crore. Analysts had expected the bank to book a profit of Rs 272 crore, according to Bloomberg. Total income stood at Rs 13,080 crore, down 13.7% from the previous year. The bank reported an additional impact of Rs 228.96 crore under ’employees cost’ as a results of the New Labour Code.

News Source:- https://www.financialexpress.com/business/banking-finance-indusind-bank-net-profit-slumps-90-4117705/?ref=business_hp
 
 
 

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