IndusInd Bank has reported results for fourth quarter (Q4) and year ended March 31, 2023
IndusInd Bank has reported rise of 49.89% in its net profit at Rs 2,040.51 crore for the quarter under review as compared to Rs 1,361.37 crore for the same quarter in the previous year. Total income of the bank increased by 24.71% at Rs 12,171.22 crore for Q4FY23 as compared Rs 9,759.98 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported rise of 45.89% in its net profit at Rs 2,043.44 crore for fourth quarter ended March 31, 2023 as compared to Rs 1,400.64 crore for the same quarter in the previous year. Total income of the bank increased by 24.70% at Rs 12,174.31 crore for Q4FY23 as compared Rs 9,763.00 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the bank has reported 60.26% rise in its net profit at Rs 7,389.72 crore as compared to Rs 4,611.12 crore for the previous year. Total income of the bank increased by 16.71% at Rs 44,534.28 crore for year under review as compared to Rs 38,156.64 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the bank has reported 54.91% rise in its net profit at Rs 7,443.49 crore as compared to Rs 4,805.03 crore for the previous year. Total income of the bank increased by 16.70% at Rs 44,540.69 crore for year under review as compared to Rs 38,167.22 crore for year ended March 31, 2022.
