Mumbai, Jan. 31 -- However, total income grew by 8.46% year on year to Rs 15,151.01 crore in the quarter ended 31 December 2024.

The bank's financial results include the financial results of its wholly owned subsidiary, Bharat Financial Inclusion (BFIL), a business correspondent (BC) of the bank involved in originating small-ticket MFI loans for the bank, and IndusInd Marketing and Financial Services Private (IMFS), an associate of the bank.

IndusInd Bank's consolidated net profit tanked 39.06% to Rs 1,402.33 crore on an 8.50% jump in total income to Rs 15,155.80 crore in Q3 FY25 over Q3 FY24.

Net interest income (NII) stood at Rs 5,228 crore in Q3 FY25, down 1% on a YoY basis. Net interest margin (NIM) in Q3 FY25 was at 3.93% as compa...