IndusInd Bank Q1 net jumps 31% to Rs 236 cr

Net interest income rises 24% to Rs 484 cr

IndusInd Bank, a private lender, reported a 31% jump in net profit at Rs 236 crore for the quarter ended June 2012 as against Rs 180 crore in June 2011.

The net interest income rose 24% to Rs 484 crore. The other income also increased 48% to Rs 319 crore from Rs 215 crore for the same period a year ago.

The net non-performing assets (NPAs) remained unchanged at 0.27% on quarterly basis while gross NPAs were at 0.97% versus 0.98% q-o-q.

The lender's stocks were trading 0.22% up on BSE at Rs 344 apiece