IndusInd Bank fell 1.51% to Rs 1,816.80 at 14:45 IST on BSE after net profit rose 26.81% to Rs 953.09 crore on 16.21% increase in total income to Rs 5858.62 crore in Q4 March 2018 over Q4 March 2017.
The result was announced during trading hours today, 19 April 2018.Meanwhile, the S&P BSE Sensex was up 49.71 points, or 0.14% to 34,381.39.
On the BSE, 96,000 shares were traded in the counter so far compared with average daily volumes of 30,000 shares in the past one quarter. The stock had hit a high of Rs 1,868.65 and a low of Rs 1,804 so far during the day. The stock hit a record high of Rs 1,876.50 on 17 April 2018. The stock hit a 52-week low of Rs 1,375.25 on 22 May 2017.
IndusInd Bank's gross non-performing assets (NPAs) stood at Rs 1704.91 crore as on 31 March 2018 as against Rs 1498.70 crore as on 31 December 2017 and Rs 1054.87 crore as on 31 March 2017.
The ratio of gross NPAs to gross advances stood at 1.17% as on 31 March 2018 as against 1.16% as on 31 December 2017 and 0.93% as on 31 March 2017.
The ratio of net NPAs to net advances stood at 0.51% as on 31 March 2018 as against 0.46% as on 31 December 2017 and 0.39% as on 31 March 2017.
The bank's provisions and contingencies fell 21.99% to Rs 335.55 crore in Q4 March 2018 over Q4 March 2017.
IndusInd bank boasts of more than 1000 branches and over 1,800 ATMs spread across the country.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
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