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IndusInd Bank

IndusInd Bank Net profits rise 94 per cent in fourth quarter

Posted on April 17th, 2010 in Banking News, Company Results, India, India Shares, IndusInd Bank

IndusInd Bank has recorded a rise of 94 per cent in net profits to Rs 97.96 crore in the forth quarter ended March 31, 2010 against Rs 50.52 crore during the same period last year.

The bank recorded a 30% loan growth in the financial year 2010, which is about twice the average of the whole industry. The bank registered 89 per cent increase in net interest to Rs 272.79 crore and its core fee income rose 47 per cent to Rs 112.21 crore.

Tags: India Share market, India Shares

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