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Indusind Bank reports 32% rise in Q2 net profit

14 Oct 2013 Evaluate

Indusind Bank has reported results for the second quarter ended September 30, 2013. 

The Bank has reported 31.96% rise in its net profit at Rs 330.23 crore for the quarter as compared to Rs 250.25 crore for the same quarter in the previous year. Total income of the bank has increased by 18.87% at Rs 2435.30 crore for quarter under review as compared to Rs 2048.42 crore for the quarter ended September 30, 2012.

Indusind Bank, which commenced operations in 1994, caters to the needs of both consumer and corporate customers. As on June 30, 2013, Induslnd Bank had 530 branches, and 1,003 ATMs spread across 380 geographical locations of the country. The bank also has representative offices in London and Dubai.

Peers
Company Name CMP
HDFC Bank 719.35
ICICI Bank 1305.50
Axis Bank 1214.00
Kotak Mahindra Bank 419.80
Indusind Bank 880.00
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