NEW DELHI: IndusInd Bank largely met Street expectations as it posted Rs 1,400 crore in profit for the September quarter on Thursday.Shares of the private lender declined nearly 5 per cent to Rs 1,245 after the quarterly numbers, while the benchmark BSE Sensex was down 362 points, or 0.95 per cent, at 37,815 at around 2.35 pm (IST).IndusInd Bank’s Q2 profit surged 52 per cent YoY to Rs 1,401 crore, meeting analysts' expectations. Analysts in an ET NOW poll had projected a net of Rs 1,404 crore. However, it missed projections from certain brokerages which expected up to 66 per cent growth in profits.Provisions for the quarter under review rose 25 per cent to Rs 737 crore on year-on-year basis. In September 2018, the provisions stood at Rs 590 crore.The asset quality of the bank worsened sequentially as well as annually. The GNPA or gross non-performing assets at the consolidated level was at Rs 4,370 crore in Q2FY20, against Rs 4,199 crore in Q1 and Rs 1,781 crore in Q2FY19. In percentage terms, consolidated gross NPA was at 2.19 percent, a marginal jump from 2.15 per cent in Q1.: Consolidated net interest income (NII) increased 32 per cent to Rs 2,909.35 crore. The interest margin also improved on a drop in costs of deposit.