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Indusind Bank reports 25% rise in Q1 net profit

13 Jul 2015 Evaluate

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.

Indusind Bank Share Price

860.00 -0.45 (-0.05%)
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Company Name CMP
HDFC Bank 783.20
ICICI Bank 1337.30
Axis Bank 1371.85
Kotak Mahindra Bank 370.65
Indusind Bank 860.00
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