Download Unicorn Signals App

Powered By EquityPandit
Latest News

Induslnd Bank reports net increase of 25% for Q4

IndusInd Bank has reported an increase of 25.25 percent in net profit at Rs 620.35 crore for the last quarter of 2015-16 fiscal.

During the corresponding January-March quarter of the previous fiscal, bank’s net profit stood at Rs 495.27 crore.

IndusInd Bank has said in a regulatory filing that the total income of the bank increased to Rs 4,044.49 crore in the concluding quarter of the last fiscal from Rs 3,278.06 crore in the same period a year ago.

Bank’s net profit for the entire 2015-16 fiscal increased 27.5 percent to Rs 2,286.45 crore as compared to Rs 1,793.72 crore a year ago.

For fiscal 2015-16, the total income was at Rs 14,877.61 crore, up from Rs 12,239.97 crore in 2014-15.

Read EquityPandit’s Technical Analysis on BankNifty 

Get Daily Prediction & Stocks Tips On Your Mobile