Indusind Bank has reported results for first quarter ended June 30, 2015.
The bank’s net profit for the quarter jumped by 24.69% at Rs 525.04 crore as compared to Rs 421.06 crore for the quarter ended June 30, 2014. The bank’s total income has increased by 19.98% at Rs 3447.84 crore for the quarter under review as compared to Rs 2873.68 crore for the corresponding quarter of the previous fiscal.
The bank’s gross NPA for the April-June quarter of the current fiscal stood at 0.79%, as compared to 1.11% in the same quarter of the previous year. Besides, the bank’s Net NPA stood at 0.31% in Q1FY16 as compared to 0.33% in the same quarter of the previous year.
