IndusInd Bank Q4 profit seen up 27%, loan growth may be healthy

Private sector lender IndusInd Bank is likely to report strong growth in Q4 earnings on April 21, with profit rising 27 percent year-on-year to Rs 629.2 crore, according to average of estimates of analysts polled by CNBC-TV18.

Net interest income is seen going up 33 percent to Rs 1,230.6 crore in January-March quarter compared to Rs 925.1 crore in year-ago period, led by loan growth that is expected to be very healthy (factoring in the acquisition of RBS' diamond financing business).

Analysts say continued positivity on commercial vehicle book will be keenly monitored and other income may be a key driver of net income, adding asset quality may remain stable.

Net interest margin is likely to remain stable due to higher share of retail loans.