IndusInd Bank Q1 results today: Here’s what to expect

IndusInd Bank will report its first quarter numbers on Friday. It is the first time that the company will release consolidated numbers after its acquisition of Bharat Financial Inclusion.

The loan growth is expected to be north of 30 percent. Bharat Financial had been growing in the region of 35 percent while IndusInd Bank in the previous quarter grew at 28-29 percent. The net interest margin (NIM) will improve given the fact that Bharat Financial has a higher net interest margin profile and IndusInd Bank reported a 3.6 percent net interest margin in the previous quarter which is at a 15 quarter low.

The gross non-performing assets (NPA) ratio will improve given the fact that 2.1 percent was recorded in the previous quarter and this quarter they will have that denominator effect as well as repayments coming in from certain stressed portfolios.