on Wednesday reported a 72.09 per cent year-on-year (YoY) rise in standalone net profit at Rs 1,113.53 crore compared with Rs 647.04 crore in the corresponding quarter last year.
The interest earned rose 6.59 per cent YoY to Rs 7,650.36 crore from Rs 7,177.21 crore in the year-ago quarter.
Provisions and contingencies fell to Rs 1,703.36 crore in the September quarter from Rs 1844.02 crore in the June quarter and Rs 1,964.44 crore in the year-ago quarter. Gross NPA ratio came in at 2.77 per cent, which was higher than year ago's 2.21 per cent but less than the June quarter's 2.88 per cent.
The annualised return on asset (RoA) stood at 1.26 per cent compared with 1.12 per cent in the preceding quarter of this fiscal and 0.83 per cent in the same quarter last fiscal.
The interest earned rose 6.59 per cent YoY to Rs 7,650.36 crore from Rs 7,177.21 crore in the year-ago quarter.
Provisions and contingencies fell to Rs 1,703.36 crore in the September quarter from Rs 1844.02 crore in the June quarter and Rs 1,964.44 crore in the year-ago quarter. Gross NPA ratio came in at 2.77 per cent, which was higher than year ago's 2.21 per cent but less than the June quarter's 2.88 per cent.
The annualised return on asset (RoA) stood at 1.26 per cent compared with 1.12 per cent in the preceding quarter of this fiscal and 0.83 per cent in the same quarter last fiscal.
Ahead of its quarterly results, shares of IndusInd Bank settled 1.69 per cent lower at Rs 1,135.10 on BSE.
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