Indusind Bank reports 25% rise in Q4 net profit

Indusind Bank has reported result for the fourth quarter and year ended March 31, 2016.

The bank has posted a rise of 25.25% in its net profit at Rs 620.35 crore for the quarter ended March 31, 2016 as compared to Rs 495.27 crore for the same quarter in the previous year. Total income of the bank has increased by 23.38% at Rs 4044.49 crore for quarter under review as compared to Rs 3278.06 crore for the quarter ended March 31, 2015.

For the year ended March 31, 2016, the bank has posted a jump of 27.47% in its net profit at Rs 2286.45 crore as compared to Rs 1793.72 crore for the same period in the previous year. Total income of the bank has surged by 21.55% at Rs 14877.61 crore for year under review as compared to Rs 12239.97 crore for the period ended March 31, 2015.