Mumbai, Oct 12:
IndusInd Bank has reported a 25 per cent increase in its second quarter net profit at Rs 880 crore against Rs 704 crore in the year-ago period.
Net interest income was up 25 per cent year-on-year at Rs 1,821 crore. Other income rose 22 per cent to Rs 1,188 crore.
Gross NPAs to gross advances ratio nudged up from 0.90 per cent in September 2016 quarter to 1.08 per cent in the September 2017 quarter.
IndusInd Bank shares were trading higher by 1.05 per cent at Rs 1,735.30 on the BSE.
(This article was published on October 12, 2017)
Get more of your favourite news delivered to your inbox
Please enter your email. Thank You.
Newsletter has been successfully subscribed.