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IndusInd Bank reports 21% rise in Q4 net profit

19 Apr 2017 Evaluate

IndusInd Bank has reported results for the fourth quarter and year ended March 31, 2017.

The Bank has reported a rise of 21.16% in its net profit at Rs 751.61 crore for the quarter ended March 31, 2017 as compared to Rs 620.35 crore for the same quarter in the previous year. Total income of the Bank has increased by 22.36% at Rs 5041.31 crore for quarter under review as compared to Rs 4120.16 crore for the quarter ended March 31, 2016. 

For the year ended March 31, 2017, the Bank has reported a rise of 25.43% in its net profit at Rs 2867.89 crore as compared to Rs 2286.45 crore for the same period in the previous year. Total income of Bank increased 22.47% at Rs 18577.16 crore for year under review as compared to Rs 15168.69 crore for the period ended March 31, 2016.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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