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IndusInd Bank Q2 net profit surges 50% to ₹1383 crore, but misses estimates
October 10, 2019 | By Livemint.com
business
Net interest income rose 32.05% to ₹2,909.54 crore, against ₹2,203.28 crore in the same quarter last year.Gross non-performing asset increased 145.33% to ₹4,370.20 crore, from ₹1,781.36 crore last year
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Private lender IndusInd Bank Ltd on Thursday reported a 50% increase in its September-quarter net profit from a year ago due to higher net interest and other income. Net profit for the quarter stood at 1,383.37 crore, up 50.33%, from 920.25 crore a year ago.
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