You are here: Home » Reuters » News
Business Standard

IndusInd Bank first-quarter profit rises 27 percent; interest income up


- Ltd posted a nearly 27 percent increase in quarterly net profit, helped by higher interest

Net profit was 8.37 billion rupees ($129.73 million) in its fiscal first quarter ended June 30, compared with 6.61 billion rupees a year earlier, the sixth-largest Indian private sector lender by assets said on Tuesday. (

Interest earned by the company rose about 22 percent to 41.36 billion rupees in the quarter.

($1 = 64.5175 Indian rupees)

(Reporting by Jessica Kuruthukulangara and Tanvi Mehta in Bengaluru; Editing by Subhranshu Sahu and Biju Dwarakanath)

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