Indusind Bank has reported results for the fourth quarter and year ended March 31, 2020.
The Bank has reported a fall of 16.18% in its net profit at Rs 301.84 crore for the quarter under review as compared to Rs 360.10 crore for the same quarter in the previous year. However, total income of the bank increased by 21.30% at Rs 9158.57 crore for Q4FY20 as compared Rs 7550.43 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported a fall of 12.31% in its net profit at Rs 315.25 crore for the quarter under review as compared to Rs 359.53 crore for the same quarter in the previous year. However, total income of the bank increased by 21.30% at Rs 9158.80 crore for Q4FY20 as compared Rs 7550.43 crore for the corresponding quarter previous year.
For the year ended March 31, 2020, the bank has reported a rise of 33.83% in its net profit at Rs 4417.91 crore as compared to Rs 3301.10 crore for the previous year. Total income of the bank increased by 28.04% at Rs 35734.14 crore for year under review as compared to Rs 27907.87 crore for year ended March 31, 2019.
For the year ended March 31, 2020, on the consolidated basis, the bank has reported a rise of 35.07% in its net profit at Rs 4458.18 crore as compared to Rs 3300.75 crore for the previous year. Total income of the bank increased by 28.05% at Rs 35735.50 crore for year under review as compared to Rs 27907.87 crore for year ended March 31, 2019.
| Company Name | CMP |
|---|---|
| HDFC Bank | 801.00 |
| ICICI Bank | 1410.30 |
| Axis Bank | 1342.50 |
| Kotak Mahindra Bank | 396.70 |
| Indusind Bank | 975.65 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: