IndusInd Bank reports 31.12% rise in Q1 net profit

IndusInd Bank has reported results for first quarter ended June 30, 2012.

On the standalone basis, the bank has posted a rise of 31.12% in its net profit at Rs 236.26 crore for the quarter ended June 30, 2012 as compared to Rs 180.18 crore for the same quarter in the previous year.  Total income has increased by 41.36% at Rs 1950.82 crore for quarter under review as compared to Rs 1379.98 crore for the quarter ended June 30, 2011.

Indusind Bank caters to the needs of both consumer and corporate consumers. It has a robust technology platform supporting multi-channel delivery capabilities.