Indusind Bank has reported results for fourth quarter and year ended March 31, 2021.
The bank has reported above 2-fold jump in its net profit at Rs 875.95 crore for the quarter under review as compared to Rs 301.84 crore for the same quarter in the previous year. Total income of the bank increased by 0.45% at Rs 9199.48 crore for Q4FY21 as compared Rs 9158.57 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported above 2-fold jump in its net profit at Rs 926.22 crore for the quarter under review as compared to Rs 315.25 crore for the same quarter in the previous year. Total income of the bank increased by 0.45% at Rs 9199.71 crore for Q4FY21 as compared Rs 9158.80 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the bank has reported 35.80% fall in its net profit at Rs 2836.39 crore as compared to Rs 4417.91 crore for the previous year. Total income of the bank decreased by 0.49% at Rs 35558.41 crore for year under review as compared to Rs 35734.14 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the bank has reported a fall of 34.28% in its net profit at Rs 2930.10 crore as compared to Rs 4458.18 crore for the previous year. Total income of the bank decreased by 0.66% at Rs 35500.68 crore for year under review as compared to Rs 35735.50 crore for year ended March 31, 2020.
