Monday, April 18, 2011

IndusInd Bank Q4 net profit up 75.5% at Rs 172 cr

Private sector lender IndusInd Bank has reported fourth quarter net profit of Rs 172 crore, a growth of 75.5% as compared to Rs 98 crore in same period the previous year.

Numbers were slightly above the market expectations. Net interest income went up by 42% to Rs 388 crore from Rs 273 crore on year-on-year basis.

Other income jumped to Rs 182 crore from Rs 132 crore (YoY).


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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