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IndusInd Bank reports 37% fall in Q3 consolidated net profit

01 Feb 2021 Evaluate

IndusInd Bank has reported results for third quarter ended December 31, 2020.

The bank has reported 34.41% fall in its net profit of Rs 852.76 crore for the quarter under review as against net profit of Rs 1300.20 crore for the same quarter in the previous year.  Total income of the bank marginally decreased 1.40% at Rs 8946.96 crore for Q3FY21 as compared Rs 9073.93 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported 36.58% fall in its net profit at Rs 830.41 crore for the quarter under review as against net profit of Rs 1309.43 crore for the same quarter in the previous year. Total income of the bank marginally decreased by 2.06% at Rs 8887.28 crore for Q3FY21 as compared Rs 9074.55 crore for the corresponding quarter previous year.

Indusind Bank Share Price

859.05 6.95 (0.82%)
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Company Name CMP
HDFC Bank 809.00
ICICI Bank 1386.30
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Kotak Mahindra Bank 381.40
Indusind Bank 859.05
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