IndusInd Bank
Q4 & FY2014-15 RESULTS
Full Year Net Profit rises 27
% Q-o-Q
PAT growth at 11%
Highlights of the Results:
· Net Profit
for FY2015 is higher at Rs 1,794 crore compared to Rs 1,408 crore of the
previous year, a growth of 27%
· Net Profit
for Q4 FY 2015 is higher at Rs 495 crore as against Rs 396 crore corresponding quarter
of the previous year
· Net Profit
for Q4 FY 2015 is at Rs 495 crore, shows a strong growth of 11 % compared to
Net Profit of Rs 447 crore of Q3 FY2015
· Core Fee
Income rises 29 %
· Net
Interest Margin stable at 3.68%
· Gross /Net
NPAs dips 0.81% /0.31% respectively
· EPS is at
Rs 33.99 as against Rs 26.85 in the previous year
· Branch
Network increased to 801 branches
Performance Highlights at a glance :
(Rs. Crores)
|
DETAILS
|
Q4 FY15
|
Q4 FY14
|
YoY%
|
Q3 FY15
|
QoQ%
|
FY15
|
FY14
|
YoY%
|
|
NET PROFIT
|
495
|
396
|
25
|
447
|
11
|
1794
|
1408
|
27
|
|
NET INTT INCOME
|
925
|
781
|
18
|
861
|
7
|
3420
|
2891
|
18
|
|
CORE FEE INCOME
|
569
|
442
|
29
|
522
|
9
|
2087
|
1610
|
30
|
|
TOTAL NON INTT INCOME
|
658
|
523
|
26
|
611
|
8
|
2404
|
1891
|
27
|
|
BASIC EPS(Rs)
|
9.36
|
7.54
|
8.46
|
33.99
|
26.85
|
|||
|
ROA
|
1.91%
|
1.91%
|
1.90%
|
|||||
|
ROE
|
19.79
|
18.52
|
18.31
|
|||||
|
CAR
|
12.09
|
13.83
|
12.39
|
|||||
|
CAR-TIER 1
|
11.22
|
12.71
|
11.51
|
|||||
|
NET NPA
|
0.31
|
0.33
|
0.32
|
|||||
|
NET INTT MARGIN
|
3.68
|
3.75
|
3.67
|
for the quarter ended March 31, 2015
· Net Profit
was Rs. 495.27 crore as against Rs. 396.05 crore in the corresponding quarter
of the previous year, showing a strong growth of 25 %
· Net
Interest Income (NII) was Rs. 925.14 crore as compared to Rs. 781.21 crore in
the corresponding quarter of the previous year, up by 18 %
· Core Fee
Income was Rs 568.57 crore as compared to Rs 441.87 crore in the corresponding quarter
of the previous year, up by 29%
· Total Non
Interest Income was Rs. 658.48 crore as compared to Rs 522.92 crore in the corresponding
quarter of the previous year, showing a growth of 26%
· Net Interest
Margin (NIM) for the current quarter was 3.68 % as against 3.75 % in the corresponding
quarter of the previous year
Performance
highlights
for
the 12-month period ended March 31, 2015
· Net Profit
was Rs. 1,793.72 crore as against Rs. 1,408.02 crore in the corresponding
period of the previous year, recording a jump of 27 %
· Net
Interest Income (NII) was Rs.3,420.28 crore as compared to Rs. 2,890.71 crore
in the corresponding period of the previous year, up 18 %
· Total Non
Interest Income was Rs.2,403.87 crore as compared to Rs 1,890.53 crore in the corresponding
period of the previous year, an increase by 27%. Core Fee Income was Rs 2,086.66
crore as against Rs 1,609.71 crore, registering a growth of 30%
· Total
Revenue improved to Rs. 5,824.15 crore as compared to Rs 4,781.24 crore, an
increase of 22%
· CASA improved
to 34.13% as against 32.55 % as on March 31, 2014
· Net NPA was
0.31 % as compared to 0.33 % as on March 31, 2014
· Total
Deposits increased to Rs.74,134 crore from Rs. 60,502 crore as on March 31,
2014, recording a growth of 23% for the year
· Total
Advances for the year stood at Rs. 68,788 crore, recording a growth of 25% as
against Rs. 55,102 crore recorded in the last year
The full year Basic EPS
works out to Rs 33.99 as against Rs. 26.85
in the previous year
Branch Network significantly
increased to 801 as against 602 branches, the previous year. The Bank’s ATMs
increased to 1487 from 1110 ATMs, the previous year
Announces a dividend of 40%
as against 35%, the previous year
Commenting on the performance,
Mr. Romesh Sobti, MD & CEO, IndusInd Bank said , “The results are in line with
our estimates. The
Bank delivered a Net Profit
growth of 27%
year-on-year supported by healthy
traction of Core
Fee Income at
30% and Net
Interest Income at 18%. Though
the industrial momentum is
slow paced, we can see
steady credit uptick
which would accelerate
growth in coming quarters.”
* * * E N D * * *
No comments:
Post a Comment