IndusInd Bank Q1 preview: 16% YoY PAT growth seen but higher cost of funds to hit earnings sequentially

IndusInd Bank is expected to report a net profit in the range of Rs 2,140 to Rs 2,456 crore for the quarter ended June 30, 2024, according to the estimates by brokerages. The growth in the April-June quarter profit after tax (PAT) could be between 0.7% and 15.6% on a year-on-year (YoY) basis, these estimates revealed, indicating a wide range in PAT growth.