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Indusind Bank reports 29% jump in Q3 net profit

10 Jan 2017 Evaluate

Indusind Bank has reported results for third quarter ended December 31, 2016.

The Bank has reported 29.19% rise in its net profit at Rs 750.64 crore for the quarter under review as compared to Rs 581.02 crore for the same quarter in the previous year. Total income of the Bank increased by 22.86% at Rs 4716.13 crore for Q3FY17 as compared Rs 3838.55 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the October-December quarter of the current fiscal increased to 0.94%, as compared to 0.82% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 0.39% in Q3FY17.

Indusind Bank Share Price

856.45 4.35 (0.51%)
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Company Name CMP
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ICICI Bank 1388.65
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Kotak Mahindra Bank 381.50
Indusind Bank 856.45
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