Monday, 14 October 2013

IndusInd Bank net up 32% at Rs 330 cr

Private sector lender IndusInd Bank has reported a 32 per cent growth in net profit at Rs 330.23 crore for the quarter ended September 30, 2013.

The net profit stood at Rs 250.25 crore during the July-September 2012 quarter.

The bank’s total income increased to Rs 2,435.30 crore during the second quarter of the current fiscal from Rs 2,048.42 crore in the same period a year ago, IndusIndia Bank today said in a BSE filing.

Net NPAs (non-performing assets) declined to 0.22 per cent in the second quarter from 0.29 per cent in the same period last year.

Shares of the bank were trading up 2.42 per cent at Rs 438.30 a piece on the BSE.

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