IndusInd Bank Ltd (LUX:IDUSB)
$ 17 0 (0%) Market Cap: 13.23 Bil Enterprise Value: 14.52 Bil PE Ratio: 12.25 PB Ratio: 1.74 GF Score: 81/100

Full Year 2022 Indusind Bank Ltd Earnings Call Transcript

Apr 29, 2022 / NTS GMT
Release Date Price: $12.8 (-0.78%)
Operator

Ladies and gentlemen, good day, and welcome to IndusInd Bank Limited Q4 FY '22 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Sumant Kathpalia, Managing Director and CEO, IndusInd Bank. Thank you, and over to you, sir.

Sumant Kathpalia
IndusInd Bank Limited - MD, CEO & Additional Director

Good evening. Let me start with some macro commentary and then get into the bank's specific details. Over the course of quarter 4, the economy was hit by a third wave of pandemic, which ebbed by March, helping by improving pace of vaccination.

Latest official estimates suggest the economy surpassed its pre-pandemic size by end of quarter 4 with real GDP growth of 8.9% over financial year '22 as major components of GDP went past its pre-pandemic level.

However, pace of recovery got impacted by Russia-Ukraine conflict with sent commodity prices, including our oil spiraling upwards. India, however, is much better positioned to deal with the negative external

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