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IndusInd Bank has reported a 23.8% YoY increase in profit at Rs.1,035.72 crore, for the quarter ended June 30,2018.
Last year, in the corresponding year the bank had posted a profit of Rs.836.55 crore. Gross NPAs in percentage terms came in at 1.15%, as against 1.17% in the march quarter. Net NPA in terms of percentage for the quarter remain unchanged at 0.51%.
Net Interest Income (NII) increased from 19.6% to Rs.2,122.43 crore, while in the last year it was Rs.1,774.06 crore. Further, the net income came in at Rs.6,369.75 crore, against Rs.5,302.77 crore in the last year.
