IndusInd Bank has reported results for fourth quarter (Q4) and year ended March 31, 2024.
The bank has reported 15.01% rise in its net profit at Rs 2,346.84 crore for the quarter under review as compared to Rs 2,040.51 crore for the same quarter in the previous year. Total income of the bank increased by 20.77% at Rs 14,699.01 crore for Q4FY24 as compared Rs 12,171.22 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported 14.96% rise in its net profit at Rs 2,349.15 crore for fourth quarter ended March 31, 2024 as compared to Rs 2,043.44 crore for the same quarter in the previous year. Total income of the bank increased by 20.80% at Rs 14,706.66 crore for Q4FY24 as compared Rs 12,174.31 crore for the corresponding quarter previous year.
For the year ended March 31, 2024, the bank has reported 21.11% rise in its net profit at Rs 8,949.78 crore as compared to Rs 7,389.72 crore for the previous year. Total income of the bank increased by 23.81% at Rs 55,136.06 crore for year under review as compared to Rs 44,534.28 crore for year ended March 31, 2023.
For the year ended March 31, 2024, on the consolidated basis, the bank has reported 20.61% rise in its net profit at Rs 8,977.30 crore as compared to Rs 7,443.49 crore for the previous year. Total income of the bank increased by 23.81% at Rs 55,143.98 crore for year under review as compared to Rs 44,540.69 crore for year ended March 31, 2023.
