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IndusInd Bank reports 58% rise in Q3 consolidated net profit

18 Jan 2023 Evaluate

IndusInd Bank has reported results for third quarter ended December 31, 2022.

The bank has reported rise of 68.71% in its net profit at Rs 1959.20 crore for Q3FY23 as compared to Rs 1161.27 crore for the corresponding quarter previous year. Total income of the bank increased by 19.96% to Rs 11533.74 crore for the quarter as compared to Rs 9614.42 crore for the same quarter in the previous year.

On the consolidated basis, the bank has reported rise of 58.16% in its net profit at Rs 1963.64 crore for Q3FY23 as compared to Rs 1241.55 crore for the same quarter in the previous year. Total income of the bank increased by 19.96% to Rs 11533.89 crore for the quarter under review as compared to Rs 9614.49 crore for the same quarter in the previous year.

Peers
Company Name CMP
HDFC Bank 707.05
ICICI Bank 1318.20
Axis Bank 1226.20
Kotak Mahindra Bank 415.75
Indusind Bank 886.10
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