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IndusInd Bank has posted an increase in profit by 29.2 percent to Rs 750.6 crore for the quarter ended December 2016 as against Rs 581.02 crore in the previous year.
It’s net interest income has been increased 34.51 percent to Rs 1,578.42 crore during the quarter as against Rs 1,173.42 crore of corresponding quarter of last fiscal.
During the quarter, the asset quality has been slightly weakened as the gross non-performing assets (NPA) increased moderately to 0.94 percent from 0.90 percent and the net NPA increased to 0.39 percent from 0.37 percent in last quarter.
