IndusInd Bank reported a 32% increase in net profit for the second quarter of fiscal year 2013-2014 to Rs 250.25 crore. Total income grew 18.89% to Rs 24,353 crore while net profit increased 31.96%. The bank's net profit margin improved to 13.56% from 12.22% in the previous year and equity capital increased 11.63% to Rs 5,243.30 crore. Earnings per share rose to Rs 6.30 from Rs 5.33 the prior year. Net non-performing assets decreased to Rs 1,092.40 crore compared to Rs 1,143.10 crore in the same period last year.

1. IndusInd Bank's Q2 Net climbs 32% to Rs 250.25 crore
IndusInd Bank
14-Oct-2013 | Quarterly Result as on 30-Sep-2013
For the period the IndusInd Bank reported Total Income of Rs 24353.00 million and Net Profit of Rs 3302.30 million. While Total Income rose
by 18.89%, Net Profit grown by 31.96% and thereby NPM improved to 13.56% as compared to 12.22% during corresponding period previous
FY Equity Capital for the period under consideration has increased by 11.63% and stands at Rs 5243.30 million. EPS as on 30-Sep-2013
.
stands at Rs 6.30 viz-a-viz Rs 5.33 as on 30-Sep-2012.
While Capital Adequacy Ratio improved at 13.64 viz-a-viz 11.76 during corresponding period last FY Net NPAs decreased to Rs 1092.40
.
million as compared to Rs 1143.10 million during corresponding period last FY.
The stock of the IndusInd Bank at BSE opened at 434.15 touched a high 439.95 and low 422.00 before closing at 427.35 losing 0.14% over
previous close. The trading volume for the stock at BSE stood at 1163791 shares and at NSE stood at 6475169 shares.
BSE
NSE
The S&P BSE Sensex closed today at 20607.54 (0.38% gain) and CNX Nifty closed at 6112.70 (0.27% gain).
Company Announcements
14-Oct-2013 02:01 PM Announces Q2 results & Limited Review Report for the Quarter ended September 30,...
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