IndusInd Bank Q2 PAT seen up 40% at Rs 186 cr

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IndusInd Bank Q2 PAT seen up 40% at Rs 186 cr

Indusind Bank is to announce its second quarter results. According to CNBC-TV18's estimates, the company's Q2 net interest income (NII) up 23.5% at Rs 407 crore versus Rs 329.7 crore.

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IndusInd Bank is to announce its second quarter results. According to CNBC-TV18's estimates, the company's Q2 net interest income (NII) up 23.5% at Rs 407 crore versus Rs 329.7 crore.

Its PAT is seen up 40% at Rs 186.5 crore versus Rs 133.2 crore.

Loan growth expected around 27%

Deposit growth could see some moderation to around 19%  (Compared to 28% growth in Q1)

NIMs likely to see some pressure qoq due to increase in cost of funds

NIMs in Q1FY12: 3.41%

Strong traction expected in fee income

Bank has had largely stable asset quality over past few quarter

But due to high exposure to CV segment, asset quality needs to be watched this quarter