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IndusInd Bank inches up after good Q1 earnings

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rose 0.1% to Rs 1,561.40 at 13:43 on after net profit rose 26.48% to Rs 836.55 crore on 21.52% growth in total to Rs 5302.77 crore in Q1 June 2017 over Q1 June 2016.

The result was announced during market hours today, 11 July 2017.

Meanwhile, the S&P Sensex was up 115.75 points or 0.36% at 31,831.39.

On the BSE, 1.23 lakh shares were traded on the counter so far as against the average daily volumes of 68,000 shares in the past two weeks. The stock had hit a high of Rs 1,571.50 so far during the day, which is a record high. The stock hit a low of Rs 1,552.10 so far during the day. The stock had hit a 52-week low of Rs 1,037.85 on 24 November 2016.

The large-cap has equity capital of Rs 598.53 crore. Face value per share is Rs 10.

The bank's gross non-performing assets (NPAs) stood at Rs 1271.68 crore as on 30 June 2017 as against Rs 1054.87 crore as on 31 March 2017 and Rs 860.64 crore as on 30 June 2016.

The ratio of gross NPAs to gross advances stood at 1.09% as on 30 June 2017 as against 0.93% as on 31 March 2017 and 0.91% as on 30 June 2016.

The ratio of net NPAs to net advances stood at 0.44% as on 30 June 2017 as against 0.39% as on 31 March 2017 and 0.38% as on 30 June 2016.

The bank's provisions and contingencies rose 34.49% to Rs 309.97 crore in Q1 June 2017 over Q1 June 2016.

is one of the leading private sector banks in India.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, July 11 2017. 13:49 IST
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