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Indusind Bank reports 73% rise in Q2 consolidated net profit

28 Oct 2021 Evaluate

Indusind Bank has reported results for second quarter ended September 30, 2021.

The bank has reported 72.10% rise in its net profit at Rs 1113.53 crore for the quarter under review as compared to net profit of Rs 647.04 crore for the same quarter in the previous year. Total income of the bank increased by 8.66% at Rs 9487.56 crore for Q2FY22 as compared Rs 8731.05 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported 72.94% rise in its net profit at Rs 1146.73 crore for the quarter under review as against net profit of Rs 663.08 crore for the same quarter in the previous year. Total income of the bank increased by 8.66% at Rs 9488.06 crore for Q2FY22 as compared Rs 8731.52 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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