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IndusInd Bank reports 21% rise in Q4 net profit, asset quality stable

IndusInd Bank reports 21% rise in Q4 net profit, asset quality stable

Wednesday, April 19, 2017, 3:31 PM

Private lender IndusInd Bank on Wednesday reported a 21.16% YoY rise in net profit at Rs 751.61 crore for the quarter ended March 31, 2016. The numbers came in lower than Rs 780 crore estimated by analysts. The Hinduja group-controlled bank had reported a net profit of Rs 620.35 crore for the corresponding quarter of last year.
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