IndusInd Bank's Q2 net profit up 25%

Image
IANS Mumbai
Last Updated : Oct 12 2017 | 2:32 PM IST

IndusInd Bank on Thursday reported a rise of 25 per cent in its net profit for the second quarter (Q2) of 2017-18.

According to the lending major, its net profit during the quarter under review rose to Rs 880.1 crore from Rs 704.26 crore reported for the corresponding period of last fiscal.

The bank's total income for Q2 was up 21 per cent at Rs 5,395.92 crore from Rs 4,456.15 crore reported during the corresponding quarter of the previous year.

--IANS

ppg/in/dg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Oct 12 2017 | 2:26 PM IST

Next Story