Shares of IndusInd Bank gained over 2 per cent on Tuesday, July 29, 2025, even as the Private sector lender reported a significant drop in its consolidated net profit for the April-June quarter of the financial year 2025-26. The gain in the stock comes after three consecutive days of decline. The counter opened in the red at Rs 792.30 on the BSE against the previous close of Rs 802.15 as the stock market extended its downward trend on the fourth day running amid uncertainty related to the India-US trade deal and persistent foreign fund outflows. However, it rebounded to touch the high of Rs 818.6, representing a gain of 2.05 per cent from the closing price of the last trading session.
Technically, the stock trades higher than the 100-day moving averages but lower than the 5-day, 20-day, 50-day and 200-day moving averages.
IndusInd Bank Quarterly Results
The bank has reported a 72 per cent drop in its consolidated net profit for the quarter under review. The company's net profit in the quarter stood at Rs 604 crore as compared to a net profit of Rs 2,171 crore in the same quarter a year ago.
The bank, which is reeling under a slew of issues stemming from alleged irregularities of the top management in recognising bad loans and trading reverses, had reported a loss of Rs 2,329 crore in the preceding March quarter.
Total income dropped to Rs 14,420.80 crore in the April-June quarter of FY26 compared to Rs 14,988.38 crore in the year-ago period.
IndusInd Bank Share Price History
The stock has delivered a positive return of 45 per cent over the past five years. However, it has corrected 42 per cent in two years, as against a 22 per cent gain in the benchmark indices.
Earlier on Monday, the shares of the bank had closed 2.62 per cent down at Rs 802.15 on BSE, as against a 0.70 per cent correction on the benchmark Sensex.
(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)
