Private sector lender IndusInd Bank today posted 45.1% increase in net profit at Rs 193.09 crore for this fiscal's second quarter ended September 30.
The bank had recorded a net profit of Rs 133.15 crore in the corresponding quarter last fiscal, IndusInd Bank said in a filing to the Bombay Stock Exchange (BSE).
The total income of the lender also increased to Rs 1,563.07 crore during the quarter from Rs 1,029.20 crore over the corresponding period last year.
During the first half of 2011-12, the bank clocked 48% rise in net profit to Rs 373.27 crore, compared to Rs 251.70 crore in the same period a year ago.
The bank reported a total income of Rs 2,943.05 crore in the first six months, compared to Rs 1,961.69 crore in the previous financial year.
The shares of IndusInd Bank were down 0.24% at Rs 269.25, from the previous close on the BSE, which has been in the red throughout the day.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
