1. IndusInd Bank Q1 net profit jumps 25% to Rs 525 crore

IndusInd Bank Q1 net profit jumps 25% to Rs 525 crore

IndusInd Bank reported 25 per cent rise in net profit to Rs 525 crore for the April-June quarter of the current fiscal on Monday.

By: | New Delhi | Published: July 13, 2015 3:49 PM
indusInd bank

IndusInd bank had posted Rs 421 crore net profit in the first quarter of 2014-15.

Private sector lender IndusInd Bank reported 25 per cent rise in net profit to Rs 525 crore for the April-June quarter of the current fiscal on Monday.

It had posted Rs 421 crore net profit in the first quarter of 2014-15.

Total Income of the bank has increased to Rs 3,447.84 crore during the June quarter of current fiscal, from Rs 2,873.68 crore in the same period of last fiscal, IndusInd Bank said in a filing to the BSE today.

Bank’s net non-performing assets in the first quarter have come down to 0.31 per cent of total advances from 0.33 per cent a year ago.

Shares of the bank were trading at Rs 919.90 a piece, up 2.82 per cent over previous close in the afternoon trade on the BSE.

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