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IndusInd Bank reports 52% rise in Q2 consolidated net profit

10 Oct 2019 Evaluate

IndusInd Bank has reported results for second quarter ended September 30, 2019.

The Bank has reported 50.33% rise in its net profit at Rs 1383.37 crore for the quarter under review as compared to Rs 920.25 crore for the same quarter in the previous year. Total income of the Bank increased by 31.41% at Rs 8877.02 crore for Q2FY20 as compared Rs 6755.37 crore for the corresponding quarter previous year.

On the consolidated basis, the Bank has reported 52.22% rise in its net profit at Rs 1400.96 crore for the quarter under review as compared to Rs 920.34 crore for the same quarter in the previous year. Total income of the Bank increased by 31.41% at Rs 8877.53 crore for Q2FY20 as compared Rs 6755.37 crore for the corresponding quarter previous year.

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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