Indusind Bank has reported results for third quarter ended December 31, 2015.
The bank has reported a rise of 29.93% in its net profit at Rs 581.02 crore for the quarter under review as compared to Rs 447.19 crore for the same quarter in the previous year. Total income of the bank has increased by 22.06% at Rs 3766.70 crore for Q3FY16 as compared Rs 3085.95 crore for the corresponding quarter previous year.
Gross non-performing assets (NPAs) improved to 0.82% in the October- December quarter as against 1.05% in the same quarter previous year, while net NPAs stood to 0.33%.