Indusind Bank has reported results for the third quarter ended December 31, 2011.
The Bank’s net profit for the quarter ended December 31, 2011 has surged by 33.87% at Rs 205.98 crore as compared to Rs 153.86 crore for the quarter ended December 31, 2010. Its total Income has jumped up by 49.87% at Rs 1664.88 crore for the quarter under review from Rs 1110.86 crore for December quarter of the previous year.
The bank’s gross NPA for the December quarter of the current fiscal stood at 1.02%, while the same was at 1.21% for the corresponding quarter of the previous fiscal. Meanwhile, bank’s Net NPA stood at 0.29% as compared to 0.36% in the same quarter of the previous year.
