IndusInd Bank on Tuesday reported a 30% year-on-year increase in its net profit for the October-December quarter at Rs 581.02 crore on the back of non-interest income, which rose 29% YoY.
IndusInd Bank reported 30% rise in net profit figures for the quarter ended Dec 2015. However, shares of the lender fell over 2 per cent on Tuesday on higher provisioning.
IndusInd Bank Ltd on Wednesday said its net profits for the fiscal second-quarter increase by 30.18% to Rs560.04 crore. The private sector lender's profits during the same period last fiscal was at 430.02 crore.
Shares of IndusInd Bank on Monday jumped over 2 per cent in morning trade on the bourses after the Reserve Bank of India (RBI) on Friday removed the lender from its caution list.