IndusInd Bank Ltd

Q2 FY24Banks

IndusInd Bank Q2 FY24: Revenue ₹7,359 Cr, PAT ₹2,202 Cr

Q2 FY24 investor presentation: what the company reported on revenue, margins and projects.

Price₹920

Market cap₹75.3K Cr

P/E56.9

Updated24 Sept 2026

Read4 min read

Based on IndusInd Bank Ltd's Q2 FY24 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Q2 FY24 Revenue and Volume Figures with YoY Change: - Loans outstanding: ₹3,15,454 crores, up 21% YoY (Page 4 & 6) - Deposits: ₹3,59,548 crores, up 14% YoY (Page 4 & 6) - CASA deposits: ₹1,41, Operating Profit (EBITDA equivalent) for Q2 FY24: ₹3,909 crore, up 10% YoY (Page 7) - Operating Profit Margin: 46.9% for Q2 FY24, increased from 43.9% YoY (Page 24) - Profit After Tax (PAT) for Q2 FY24: ₹2,202 crore, up 22% YoY (Page 7) - The presentation does not state any explicit margin outlook or guidance for EBITDA or PAT margins.

From IndusInd Bank Ltd's Q2 FY24 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

Q2 FY24 Revenue and Volume Figures with YoY Change:
Loans outstanding: ₹3,15,454 crores, up 21% YoY (Page 4 & 6)
Deposits: ₹3,59,548 crores, up 14% YoY (Page 4 & 6)
CASA deposits: ₹1,41,437 crores, up 6% YoY (Page 4 & 17)
Net Interest Income: ₹5,077 crores, up 18% YoY (Page 4 & 7)
Other Income: ₹2,282 crores, up 13% YoY (Page 4 & 7)
Total Revenue: ₹7,359 crores, up 17% YoY (Page 4 & 7)
Operating Profit: ₹3,909 crores, up 10% YoY (Page 4 & 7)
Profit after Tax: ₹2,202 crores, up 22% YoY (Page 4 & 7)
DIY and BaaS led assets grew 3.5X YoY; liabilities grew 37% YoY (Page 37)
DIY volumes for cards increased 4.5x, personal loans 6.1x YoY (Page 37)

2 more points management made on revenue & sales performance

Profitability & Margins

- **Operating Profit (EBITDA equivalent)** for Q2 FY24: ₹3,909 crore, up 10% YoY (Page 7) - **Operating Profit Margin**: 46.9% for Q2 FY24, increased from 43.9% YoY (Page 24) - **Profit After Tax (PAT)** for Q2 FY24: ₹2,202 crore, up 22% YoY (Page 7) - The presentation does **not state any explicit margin outlook** or guidance for EBITDA or PAT margins. All figures are from audited/consolidated results for Q2 FY24 as per the presentation.

See what IndusInd Bank Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The investor presentation does not specifically describe any capex, capacity expansion, or new plant/project details, amounts, status, or timelines. The document primarily focuses on the bank’s financial results, key strengths, asset quality, digital strategy, ESG initiatives, product growth, capital adequacy, and distribution network metrics. No direct information about capital expenditures or physical capacity expansion projects is provided in the extracted pages.

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Fundraising & Capital Structure

The presentation does not explicitly mention any new fundraising through debt or equity during Q2 FY24.
Borrowings decreased by 11% quarter-on-quarter from ₹45,622 crore in Q1 FY24 to ₹40,530 crore in Q2 FY24 (Page 6).
The borrowings mix includes refinance from development finance institutions (54%), long-term foreign currency (25%), tier 2 bonds (7%), short-term foreign currency (7%), infrastructure bonds (4%), and AT1 bonds (4%) (Page 18).
Capital and reserves increased by 2% quarter-on-quarter to ₹58,394 crore from ₹57,144 crore, indicating no new equity fundraising (Pages 6 and 31).

2 more points management made on fundraising & capital structure

See what IndusInd Bank Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation does not report any details about order book, order inflow, or pending orders. Specifically: - There is no mention of order book figures or size in the presentation. - No information is provided on order inflow during the reported periods.

- Pending orders or backlog details are not discussed or listed anywhere in the document. - The presentation focuses mainly on financial results, loan book composition, distribution network, product strengths, digital initiatives, asset quality, and other banking metrics. In summary, the investor presentation strictly covers banking performance and operational highlights without any reference to order book or order inflow metrics.

2 more points management made on order book & pipeline

What IndusInd Bank Ltd's management said in earlier quarters

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Frequently Asked Questions

What were IndusInd Bank Ltd Q2 FY24 results?

What is IndusInd Bank Ltd share price analysis?

IndusInd Bank Ltd currently shows a neutral. The stock trades at a P/E of 56.9 with a market cap of ₹75,289 Cr. Investors should review the full earnings analysis for detailed insights.

Is IndusInd Bank Ltd planning capital expenditure?

The investor presentation does not specifically describe any capex, capacity expansion, or new plant/project details, amounts, status, or timelines.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

Revenue & Sales Performance

Profitability & Margins

Capital Expenditure Plans

Top-ranked in Banks

Fundraising & Capital Structure

Order Book & Pipeline

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What IndusInd Bank Ltd's management said in earlier quarters

Frequently Asked Questions