IndusInd Bank Q3 net profit jumps 25% to Rs 936 cr

Our Bureau

IndusInd Bank has reported a 25 per cent increase in its third quarter net profit at Rs 936 crore against Rs 751 crore in the year-ago period.

Net interest income was up 20 per cent year-on-year (yoy) at Rs 1,895 crore and other income rose 17 per cent yoy to Rs 1,187 crore. Gross non-performing assets to gross advances ratio went up to 1.16 per cent from 0.94 per cent.

IndusInd Bank shares were trading down by 0.69 per cent at Rs 1,722.85 on the BSE.

(This article was published on January 11, 2018)
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