The earnings print in the recently reported quarter were not exciting. Input cost moderation led to strong earnings growth in FY24. Considering the high base, a meaningful improvement in volume is required to sustain the earnings momentum.
IndusInd to provide for Rs 1,960 cr losses in Q4, to take action against staff
Appointed firm submitted its report on April 26, determining that the cumulative adverse impact on the bank’s profit and loss account stood at ₹1,959.98 crore