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Indusind Bank reports 30% rise in Q2 net profit

09 Oct 2015 Evaluate

Indusind Bank has reported results for second quarter ended September 30, 2015.

The company has posted a rise of 30.18% in its net profit at Rs 560.04 crore for the quarter ended September 30, 2015 as compared to Rs 430.2 crore for the same quarter in the previous year. Total income has increased by 20.47% at Rs 3581.31 crore for quarter under review as compared to Rs 2972.72 crore for the quarter ended September 30, 2014.

IndusInd Bank which commenced operations in 1994 caters to the needs of both consumer and corporate customers. Its technology platform supports multi-channel distribution networks. As on June 30, 2015, bank has 811 branches and 1,543 ATMs spread across the country.

Peers
Company Name CMP
HDFC Bank 708.00
ICICI Bank 1379.15
Axis Bank 1247.50
Kotak Mahindra Bank 418.70
Indusind Bank 977.80
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