IndusInd Bank FY10 net profit jumps 136 %

Private sector IndusInd Bank has clocked a net profit of Rs 350.31 crore in FY'10, up 136 per cent from Rs 148.34 crore in the last fiscal.

Its net non-performing assets were pegged at 0.50 per cent in FY10, a decline of 0.64 per cent in comparison to the previous year, when they were pegged at 1.14 per cent, a press release issued here said.

In Q4, FY'10, IndusInd Bank's net profit stood at Rs 97.96 crore as against Rs 50.52 crore a year ago, an increase of 94 per cent.