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IndusInd Bank reports 64% fall in Q1 consolidated net profit

29 Jul 2020 Evaluate

IndusInd Bank has reported results for first quarter ended June 30, 2020.

The bank has reported 67.84% fall in its net profit of Rs 460.64 crore for the quarter under review as against Rs 1432.50 crore for the same quarter in the previous year. However, total income of the bank increased 0.65% at Rs 8680.92 crore for Q1FY21 as compared Rs 8624.62 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported 64.37% fall in its net profit at Rs 510.39 crore for the quarter under review as against Rs 1432.54 crore for the same quarter in the previous year. However, total income of the bank increased by 0.67% at Rs 8682.17 crore for Q1FY21 as compared Rs 8624.62 crore for the corresponding quarter previous year.

Indusind Bank Share Price

856.45 4.35 (0.51%)
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