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Indusind Bank’s Q4FY13 net jumps by 37%

18 Apr 2013 Evaluate

Indusind Bank has reported results for the quarter & year ended March 31, 2013

The bank’s net profit for the quarter ended March 31, 2013 jumped by 37.61% at Rs 307.40 crore for the quarter as compared to Rs 223.38 crore for the quarter ended March 31, 2012. Bank’s total income has increased by 23.55% at Rs 2190.66 crore for the quarter under review as compared to Rs 1773.07 crore for the corresponding quarter of the previous fiscal.

The bank’s net profit for the year ended March 31, 2013 rose by 32.21% at Rs 1061.18 crore as compared to Rs 802.61 crore for the previous year ended March 31, 2012. Its total income has surged by 31.00% to Rs 8346.19 crore for the year under review from Rs 6370.98 crore for the previous year.

Peers
Company Name CMP
HDFC Bank 720.00
ICICI Bank 1292.60
Axis Bank 1209.00
Kotak Mahindra Bank 406.00
Indusind Bank 885.00
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