Indusind Bank Dec qtr net up 95% to Rs 88 cr

Hinduja group-promoted Indusind Bank today said its net profit rose by 95.38 per cent to Rs 88.04 crore for the quarter ended December 31, against Rs 45.06 crore in the same period a year ago.

Total income rose to Rs 818.94 crore for the latest quarter against Rs 760.55 crore in the same period corresponding year, Indusind Bank said in a filing to the Bombay Stock Exchange (BSE).

Shares of Indusind Bank were trading at Rs 143.10 on BSE, up 3.96 per cent from its previous close.